June 6, 2016

Unemployment: Evidence Of Economic Growth

   June 6, 2016

Unemployment: Evidence Of Economic Growth

Germany_unemployment_rate_Data_TMMChart.png

Trader’s remarks: Germany’s unemployment rate fell to 6% in April, which was the lowest level since German reunification in 1990. The fall reflected the strength of the labour market in Europe’s largest economy. The buoyant labour market has so far also underpinned household consumption and wage growth. Germany’s economy grew at a quarterly rate of 0.7% in the first three months of the year, helped by robust domestic demand.

Get articles like this straight to your inbox each morning with our Breakfast Briefing. Sign up by clicking here!

Log in with your details

or    

Forgot your details?

Create Account

Send this to friend