Thursday, August 30, 2012

German joblessness rises



Published on Aug 30, 2012 by
http://www.euronews.com/ Unemployment was up in Germany for a fifth month running in August.

It is the latest in a string of disappointing data that adds to evidence Europe's largest economy is feeling the effects of the eurozone crisis.

The seasonally-adjusted jobless total rose by 9,000 in August from July. The headline figure used in Germany - which is not adjusted for seasonal factors like weather - showed an increase of 29,000.
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