10/07/2009

Germany's unemployment rate is lower than US's and falling

For decades Germany had a higher unemployment rate than the US. Well, not any more.

German unemployment fell in September, official data showed on Wednesday, but without signalling a general improvement for the biggest European economy, experts said.
The raw unemployment rate, the headline figure in Germany, fell to 8.0 percent, the Federal Labour Agency reported, and the seasonally-adjusted rate dipped for the the third month running to 8.2 percent.

Labels:

0 Comments:

Post a Comment

<< Home