Global Economic News

German Unemployment Falls More Than Expected

Germany's unemployment dropped more than expected in May, providing more evidence of a rebound in the biggest euro area economy.

The number of unemployed dropped by 15,000 persons in May after growing a revised 8,000 in the previous month, data from the Federal Labor Office showed Tuesday. Economists had expected joblessness to decline by 9,000 persons.

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by RTTNews Staff Writer

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