German jobless rate defies gloom to cleave to record lows at 4.9%


  • Business
  • Wednesday, 01 May 2019

Berlin: Germany’s unemployment rate in April held steady at the lowest rate since reunification in 1990, official figures showed yesterday, as the jobs boom in Europe’s biggest economy held up despite signs of slowing growth.

Just 4.9% of people were out of work in April, the Federal Labour Agency (BA) said in seasonally adjusted data, matching the March level a historic low since Germany unified nearly 30 years ago.

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