“German unemployment increased for a fifth straight month in August as the European debt crisis curbed demand for exports and companies held back investment.
The number of people without a job increased a seasonally adjusted 9,000 to 2.90 million, the Federal Labor Agency in Nuremberg said today. Economists forecast a gain of 7,000, the median of 31 estimates in a Bloomberg News survey shows. The adjusted jobless rate was unchanged at 6.8 percent.”
If you enjoy the content at iBankCoin, please follow us on Twitter
