German Unemployment Rises Fourth Month in Uneven Recovery
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German unemployment rose for a fourth month in November, signaling an uneven recovery in Europe’s largest economy.
The number of people out of work climbed a seasonally-adjusted 10,000 to 2.985 million, after gaining by a revised 3,000 in October, the Nuremberg-based Federal Labor Agency said today. Economists predicted no change, according to the median of 33 estimates in a Bloomberg News survey. The adjusted jobless rate was unchanged at 6.9 percent.