German Unemployment to Decline to 6.8% in 2012, Bild Reports

Germany’s Federal Labor Agency forecasts the country’s average jobless rate will decline to 6.8 percent this year, the lowest since 1992, Bild said, citing a study by the agency.

The average number of unemployed is estimated to fall by 130,000 to 2.84 million, the Berlin-based newspaper said.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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