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Unemployment: Evidence Of Economic Growth

 1 min read / 

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.

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