German Unemployment Rate Falls to Record Low on Domestic Demand

  • Unemployment rate drops to 6.3%, lowest since reunification
  • Joblessness fell to seasonally-adjusted 2.77 million in Nov.

Germany’s unemployment rate unexpectedly dropped to a record low in a sign that robust domestic demand is bolstering confidence in the growth prospects for Europe’s largest economy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.