German jobless rate falls to 8.8 percent thanks to robust growth
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A solid economic recovery has slashed the number of jobless in Germany in August by about 10,000 people to 3.705 million, the Federal Labour Agency said Thursday.
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The number of people out of work in Germany fell to the lowest level in five and a half years in May thanks to the current boom in Europe&#39;s biggest economy, official data showed on Thursday.
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German Gross Domestic Product grew unexpectedly strongly in the second half of last year.
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Germany's stubbornly high unemployment rate spiked even higher in December to 10.8 percent, the Federal Labor Office reported Tuesday.
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The number of people looking for work in Germany, the biggest eurozone economy, rose to its highest level in seven years as the bad weather and sluggish growth caused dole queues to swell at the end of last year, official data showed.
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German investor confidence unexpectedly improves despite falling exports and signs of a global slowdown.
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Germany's sputtering economy shrank in the final quarter of 2004, the latest government figures show.
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The Bundesbank is forecasting growth of 1.2 - 1.3 percent for the German economy next year, much less than the government's official forecast of 1.7 percent.
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The number of people out of work in Germany rose to 10.8 percent of the workforce in November from 10.7 percent in October, the government said Thursday.
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The number of people out of work in Germany, the eurozone's biggest economy, declined in August, but solely as a result of seasonal factors, official data showed.
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The number of jobless Germans fell below four million for the first time in four years in November, figures show.
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The number of people looking for work in Germany rose in August, as the modest economic recovery was not enough to create any new jobs in the eurozone's biggest economy, official data showed.
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Germany's jobless rate rose to nearly 11 percent in December, the government's labor office said Tuesday, the same day that France said its growth stalled in the third quarter.
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Germany's jobless rate falls to a 14-year low, despite the high euro and muted consumer confidence.
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The unemployment rate in Germany held steady at 8.1 percent in December, the Federal Labour Agency reported Thursday.
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The German government has said surging oil prices are on track to cut economic growth by about 0.25% this year.
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The number of people looking for work in Germany, the biggest eurozone economy, fell by about 90,000 to 4.257 million -- or 10.3 percent of the workforce -- in September, the Federal Labour Agency announced.