Photographer: Krisztian Bocsi/Bloomberg

German Unemployment Falls in Sign Spending Set to Remain Strong

  • Jobless rate remains at 6.1%, lowest since reunification
  • Number of people out of work declines more than estimated

German unemployment continued its decline in August, signaling that consumption driven by a strong labor market may cushion the blow to Europe’s largest economy from Britain’s decision to leave the European Union.

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