Thursday 27 June 2013

Economic Buzz: German Unemployment Rate Eases In May

According to results of the labour force survey, the number of unemployedamounted to 2.25 million in May 2013. It was down by 106,000 persons or 4.7 % onMay 2012. Compared with April 2013, the number of unemployed decreased by 24,000people or 0.9%. When adjusted for seasonal and irregular effects, the number ofunemployed amounted to 2.27 million. The adjusted unemployment rate was 5.3% against5.40% last month.
Source by Commodity Insights

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