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Germany – The number of jobless remained above 3 million

Unemployment in Germany fell in March, according to the latest figures from the Federal Employment Agency (BA), but the number of jobless remained above 3 million. Capture d’écran 2014-04-03 à 08.00.02

The positive trend, albeit a slight one, left overall unemployment in Germany at 7.1 percent, one of the lowest in the 18-nation eurozone. Compared to one month ago, some 83,000 fewer Germans were looking for work, the agency said Tuesday.

“Positive developments in the labor market continued in March,” said Frank-Jürgen Weise, head of the Federal Employment Agency. “In addition to the usual springtime boost, solid economic indicators are visible in the labor market as well.”

Chosen excerpts by Job Market Monitor. Read the whole story at German unemployment hovers above 3 million | Business | DW.DE | 01.04.2014.

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