Economics
German Unemployment Falls as Export Surge Brings Jobs
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German unemployment declined for a 14th month in August after surging exports and investment fuelled record economic growth in the second quarter.
The number of people out of work declined a seasonally adjusted 17,000 to 3.19 million, the Nuremberg-based Federal Labor Agency said today. Economists forecast a decrease of 20,000, according to the median of 31 estimates in a Bloomberg News survey. The jobless rate was unchanged at 7.6 percent.