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German Employment Grows Steadily In Q3

Germany's employment growth maintained a steady pace in the third quarter, data released by the Federal Statistical Office showed on Tuesday.

The number of employed grew by 0.6 percent or 253,000 year-on-year in the three months to September. Employment also rose 0.6 percent in the second quarter.

Employees grew 0.8 percent in the third quarter, same as in the previous three months. Meanwhile, the number of self employed declined for the fifth quarter in a row, down 0.9 percent in the three months to September.

In the third quarter, the total number of employed was 42.03 million versus 41.80 million in the previous three months. It was the first time that the number of employed exceeded 42 million persons in any quarter, the agency said.

Sequentially, employment increased 0.6 percent or by 236,000 persons in the third quarter.

On a seasonally adjusted basis, the number of employed increased 0.2 percent or by 70,000 persons from the second quarter.

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