Economics

German Unemployment Falls to Lowest Level Since Virus Outbreak

  • Joblessness declined by 53,000 in August, more than forecast
  • Uncertainty over Germany’s economic outlook is rising

Employees work on an outside exhibition area for the upcoming 2021 IAA motor show, in Munich, on Aug. 30.

Photographer: Christof Stache/AFP/Getty Images 

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German unemployment fell for a fourth straight month as businesses replenished their workforce and continued to recover from Covid-19 lockdowns.