Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Benin feels the pinch of Nigeria's economic woes

Read more

BUSINESS DAILY

Deutsche Bank shares recover after turbulent week

Read more

MEDIAWATCH

Inside Aleppo: 'Feels like prison'

Read more

THE WORLD THIS WEEK

The Legacy of Shimon Peres, The Battle of Aleppo (Part 1)

Read more

THE WORLD THIS WEEK

Trump-Clinton Debate, Colombia Peace Deal, Death of the BlackBerry (Part 2)

Read more

FRANCE IN FOCUS

Backstage at Paris Fashion Week

Read more

FASHION

Paris Fashion Week: Saint Laurent, Lanvin, present new designers

Read more

#THE 51%

Online and proud: Iranian women use social media in a campaign for equality

Read more

#TECH 24

Say hello to Pepper!

Read more

Employment grows faster than expected

Latest update : 2008-02-28

In February, unadjusted unemployment fell from 8.7% to 8.6% (adjusted from 8.1 to 8.0). This decrease exceeded economist's expectations.

German unemployment fell further in February on sustained business activity and because the winter remained mild, figures from the national employment agency showed on Thursday.
   
The unadjusted unemployment rate, which serves as a reference for public debate, edged down to 8.6 percent from 8.7 percent in January.
   
A total of 3.617 million people were recorded as looking for work, 42,000 fewer than one month earlier.
   
"Business demand for labour remained at a very high level," agency president Frank Weise said in a statement.
   
The improvement was also seen in seasonally adjusted figures that economists say are a better measure of the labour market.
   
There, the number of unemployed diminished by 75,000 people, exceeding a market forecast for a drop of 50,000

Date created : 2008-02-28

COMMENT(S)