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Thursday, June 27, 2013

German unemployment stays near to unification low.

Unemployment in Germany has continued to provide a bright contrast to the depressing economic picture outside the country, staying steady at 6.8% in June and coming in slightly under consensus of 6.9%. The number of people out of work unexpectedly fell by 12,000 to 2.943M vs a rise of 17,000 in May and expectations for an increase of 8,000.

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