German unemployment dips again in October

The Associated Press    Translate This Article
30 October 2014

BERLIN (AP) - Germany's unemployment rate fell to 6.3 percent in October as the labor market in Europe's biggest economy continued to gain steam.

The Federal Statistical Office said Thursday 2.733 million people were jobless in October, 75,000 fewer than in September, when the unemployment rate was 6.5 percent.

Adjusted for seasonal trends, the jobless rate stood at 6.7 percent for the eighth consecutive month.

Germany's economy has been slowing, and business and consumer confidence has slid on concerns over the turmoil in Ukraine and elsewhere.

Nonetheless, ING economist Carsten Brzeski says indications are the labor market should remain solid, supporting private consumption.

But while the new figures are 'clearly good news for the economy,' he says low unemployment means politicians will be less likely to support short-term stimulus or investment initiatives.

Copyright © 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Every day Global Good News documents the rise of a better quality of life dawning in the world from good news reported by the press; and highlights the need for introducing Natural Law based—Total Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.



Translation software is not perfect; however if you would like to try it, you can translate this page using:

(Google) Select a language English to Afrikaans English to Albanian English to Arabic English to Belarusian English to Bulgarian English to Catalan English to Chinese (Simplified) English to Chinese (Traditional) English to Croatian English to Czech English to Danish English to Dutch English to Estonian English to Filipino English to Finnish English to French English to Galician English to German English to Greek English to Hebrew English to Hindi English to Hungarian English to Icelandic English to Indonesian English to Irish English to Italian English to Japanese English to Korean English to Latvian English to Lithuanian English to Macedonian English to Malay English to Maltese English to Norwegian English to Persian English to Polish English to Portuguese English to Romanian English to Russian English to Serbian English to Slovak English to Slovenian English to Spanish English to Swahili English to Swedish English to Thai English to Turkish English to Ukrainian English to Vietnamese English to Welsh English to Yiddish

(Altavista babelfish) Select a languageEnglish to Chinese-simpEnglish to Chinese-tradEnglish to DutchEnglish to PortugueseEnglish to FrenchEnglish to GermanEnglish to GreekEnglish to ItalianEnglish to JapaneseEnglish to KoreanEnglish to RussianEnglish to Spanish

Send Good News to Global Good News.

Your comments.