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German jobless rate slips to 5.1 percent in March
In seasonally adjusted terms 4.9% after 5 months at 5%
29 March, 13:26
(ANSA-AP) - BERLIN, 29 MAR - Germany's unemployment rate has
slipped to 5.1 percent, with the labor market benefiting from a
traditional springtime rebound despite a less rosy outlook for
Europe's biggest economy.
The Federal Labor Agency said Friday that the unadjusted
jobless rate was down from 5.3 percent in February. In all,
2.301 million people were registered as unemployed - 72,000
fewer than the previous month and 157,000 less than a year
earlier.
The agency said the post-winter rebound was stronger than
usual and the labor market was "robust" in the face of weak
recent economic data and a string of lower economic forecasts.
In seasonally adjusted terms, the unemployment rate slipped
to 4.9 percent after four consecutive months at 5 percent.
(ANSA-AP).
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