Friday, April 04, 2008

German unemployment 'falls'


Unemployment levels in Germany have plummeted to their lowest levels in over 15 years it has been revealed.

Rates of unemployment fell to by 0.2 per cent to 7.8 per cent in March from eight per cent in February the Federal Labour Agency in Nuremberg has revealed. This is its lowest level since 1992.

The upturn in the labour sector has been progressing systematically since spring 2006.

The number of people in employment who live in Germany has increased in February by 1.4 per cent from 12 months previously according to data from De Statis, the German Federal Statistics Office.

This increase in employment levels is the biggest in eight years since February 2000.

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