Thursday, July 31, 2014   

German jobless rate unchanged
(02-27 17:13)

Germany's unemployment rate was steady in February, as the labor market continues to hold up thanks to the improving economic outlook, official data show.
The number of people registered as unemployed fell by 14,000 in seasonally adjusted terms this month, the Federal Labor Office said.
Analysts had been projecting a decline of 15,000.
The unemployment rate, which measures the number of people looking for work relative to the total of people in jobs or unemployed, was unchanged at 6.8 percent in seasonally-adjusted terms in February.
By contrast, in unadjusted terms, the jobless total edged up by 2,065 to 3.138 million and the unadjusted jobless rate was also unchanged at 7.3 percent, the office calculated.—AFP

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