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German Unemployment Rises a Third Month as Growth Slows

German unemployment rose for a third month in October, adding to signs of a slowdown in Europe’s largest economy.

The number of people out of work climbed a seasonally-adjusted 2,000 to 2.97 million, after gaining by a revised 24,000 in September, the Nuremberg-based Federal Labor Agency said today. Economists predicted no change, according to the median of 36 estimates in a Bloomberg News survey. The adjusted jobless rate was unchanged at 6.9 percent.