International Business
German Unemployment Down, Marking Recession’s End: Unemployment in eastern and western Germany fell in June, reflecting the end of the country’s recession, the Federal Labor Office said. The unemployment rate, which is based on unadjusted data, slipped in the west to 8.0% from 8.1% in May. The eastern German jobless rate in June was 14.8% compared with 15.4% the previous month because of increased demand for labor, said Labor Office Vice President Klaus Leven. The statistics reflected increased demand for labor in east.
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