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Labor Statistics Germany

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July 8, 1998 | From Bloomberg News
Germany's jobless rate fell to a 19-month low of 11% in June and industrial output grew in May, reports showed Tuesday, signaling growth is accelerating in Europe's biggest economy Unemployment fell by 49,000 to 4.27 million in June, the Federal Labor Office said. That's down from 4.32 million, an 11.2% rate, in May, and the sixth straight drop this year. The Economics Ministry said production rose 0.9% in May and 5.3% in the year.
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BUSINESS
July 8, 1998 | From Bloomberg News
Germany's jobless rate fell to a 19-month low of 11% in June and industrial output grew in May, reports showed Tuesday, signaling growth is accelerating in Europe's biggest economy Unemployment fell by 49,000 to 4.27 million in June, the Federal Labor Office said. That's down from 4.32 million, an 11.2% rate, in May, and the sixth straight drop this year. The Economics Ministry said production rose 0.9% in May and 5.3% in the year.
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