Economics
German Unemployment Resumes Decline Despite Even Longer Curbs
- Joblessness fell by 8,000 in March vs est. drop of 3,000
- Government has extended restrictions until at least April 18
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German joblessness declined in March, signaling economic resilience even as thousands of businesses remain affected by recently-extended pandemic restrictions.
The drop of 8,000 put the total number of unemployed people at 2.75 million and kept the rate at 6%, according to the Federal Labor Agency. Economists surveyed by Bloomberg had expected a drop of 3,000.