iBankCoin
Joined Nov 11, 2007
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German Unemployment Falls More Than Expected

German unemployment fell more than forecast in March, adding to evidence that growth inEurope’s biggest economy is gaining traction as the debt crisis recedes.

The number of people out of work fell a seasonally adjusted 18,000 to 2.84 million, the Nuremberg-based Federal Labor Agency said today. Economists forecast a decline of 10,000, the median of 36 estimates in a Bloomberg News survey showed. The adjusted jobless rateslipped to 6.7 percent, a two-decade low…”

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