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German unemployment falls below 4 million

German unemployment falls below 4 million

German unemployment fell below 4 million in April, continuing a decline that reflected an overall upswing in the labor market, Labor Minister Franz Muentefering said Tuesday.
"The reforms of the labor market are showing their good impact," Muentefering said in an e-mailed statement. "The economic situation and the work of the employment agency are leading to success."
Germany's unemployment figure fell to 3.967 million in April, which is 1.1 million less than two years ago, Muentefering said. The number of Germans without work in March was 4.1 million.
The statement did not say whether the figures were adjusted for seasonal swings.
Germany's unemployment rate has been steadily improving as the country maintains its economic upswing, including stronger consumer demand and investment within the country by German and foreign companies.
Unemployment in Europe's biggest economy fell to 9.8 percent in March from 10.1 percent the month before.
Muentefering's statement came a day before the official jobless numbers are announced by the country's Federal Labor Office on Wednesday.


Updated : 2021-05-16 13:38 GMT+08:00