German jobless rate falls
Friday, December 01, 2006
After four painful years the recovering Germany economy finally creates enough employment, pushing the latest jobless figures below 4 million.
One of the late signs of a recovering economy is the improvement of the labour market, much like we saw in the 2003-2004 economic recovery in the USA.
The unadjusted unemployment rate is now nine point six percent.
The Federal Labour Agency claims the data means the labour market has turned, and that Germany is now one of the industrialised world's fastest growing economies.
posted by IntoBlogs @ 1:05 PM,
