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Germany unemployment declines in February

28 Feb 2020 01:28 PM

German unemployment fell unexpectedly in February, the Federal Labor Office said today, indicating that a strong labor market will continue to drive growth in Europe's largest economy.

Data from the Labor Office showed that the number of non-employed persons fell by 10,000 to 2.262 million in seasonally adjusted terms. Expectations were to rise by 3,000.

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