Connect with us


Unemployment: Evidence Of Economic Growth

 1 min read / 


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.

Have your say. Sign up now to become an Author!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Send this to a friend