Economics

German Jobs Recovery Accelerates as Curbs Hurt Less Than Feared

  • Unemployment falls 48,000 vs. estimated decline of 6,000
  • Number of furloughed workers has risen since November

Pedestrians in the financial district of Frankfurt, Germany.

Photographer: Ben Kilb/Bloomberg
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German joblessness fell at a much faster pace than anticipated in January as the economy comes to terms with coronavirus curbs to contain surging infections.