German unemployment hits 24-year low

The number of people registered as unemployed in Germany fell by a seasonally-adjusted 8,000 to 2.792 million, the Federal Labour Office saidGerman unemployment fell in April to the lowest level in 24 years as the recovery in Europe’s biggest economy continues to pick up speed, data showed on Thursday. The number of people registered as unemployed in Germany fell by a seasonally-adjusted 8,000 to 2.792 million, the lowest level since late 1991, the Federal Labour Office said. The unemployment rate — which measures the jobless total against the working population as a whole — stood at 6.4 percent in April, unchanged from March and the lowest level since west and east Germany reunited in 1990 after the fall of the Berlin Wall the previous year. In raw or unadjusted terms, the jobless total decreased by 88,660 to 2.843 million and the jobless rate fell to 6.5 percent in April from 6.8 percent in March, the labour office said.

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