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German Unemployment Posts Surprise Fall in June
Published in Saudi Press Agency on 27 - 06 - 2013

Unemployment in Germany posted a surprise fall in
June, dropping by 12,000 to 2.943 million, dpa quoted the labour office as saying
Thursday.
It was the first decline in seasonally adjusted unemployment since
February.
Analysts had expected the data to show the numbers out of work
climbing by 8,000. The June jobless rate stood at 6.8 per cent.
"Overall, the German labour market remains in a good condition,"
labour office chief Frank-Juergen Weise said. "It continues to
develop despite the difficult economic environment," he said.
In seasonally unadjusted terms, unemployment dropped by 72,000 to
2.865 million in June. The unadjusted numbers out of work now stands
at its lowest level since December last year.


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