Germany keeps jobless rate at six-year low
Afp, Frankfurt
The current economic boom in Germany enabled Europe's biggest economy to hold its jobless rate at the lowest level for six years this month, data showed on Thursday. And the sunny outlook for the German economy will ensure that the positive trend remains intact in the months to come, analysts said. According to raw, unadjusted data published by the Federal Labour Agency in Nuremberg, the German jobless rate fell by 0.4 percentage point to 9.1 percent in May, the lowest level since October 2001. The overall jobless total declined by 161,000 to 3.806 million, the lowest number of dole-claimers in Germany since November 2001, the figures showed. Unemployment usually falls in the spring thanks to the warmer weather, which is favourable to sectors such as the construction industry.
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