Friday August 14, 2020

German unemployment falls adding to signs of recovery

German unemployment dropped for a second month in July, adding to signs the recovery in Europe’s largest economy is gathering pace and potentially buoying support for the government before September elections.

31st July, 2013
A strengthening economy could help Angela Merkel win a third term as chancellor.

German unemployment dropped for a second month in July, adding to signs the recovery in Europe’s largest economy is gathering pace and potentially buoying support for the government before September elections.

The number of people out of work decreased by a seasonally adjusted 7,000 to 2.93 million, the Nuremberg-based Federal Labour Agency said today. Economists predicted the jobless number would remain unchanged, according to the median of 34 estimates in a Bloomberg News...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago