- Infowars - http://www.infowars.com -

German Unemployment Dips to 18-Year Low in October

Posted By aaron On October 28, 2010 @ 1:58 pm In Old Infowars Posts Style,World News | Comments Disabled

Reuters
October 18, 2010

German unemployment fell slightly in October, dropping to its lowest level in 18 years as the impact of persistently strong growth in Europe’s top economy continued to filter through to the jobs market.

  • A d v e r t i s e m e n t
  • {openx:49}

The number of jobless fell by 3,000 to a seasonally adjusted 3.153 million, figures from the Labor Office showed on Thursday, while the headline level dipped to 2.945 million, confirming figures announced a day earlier.

The headline reading fell below the 3 million mark — a key political threshold — for the first time since November 2008, to its lowest point since October 1992.

Know what’s important: Having a Healthy Food Supply like eFoodsDirect is Essential (AD)

On an adjusted basis, the jobless rate held steady at 7.5 percent, while economists had forecast 7.4 percent.

Read full article


Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/german-unemployment-dips-to-18-year-low-in-october/

Copyright © 2013 Infowars. All rights reserved.