German unemployment fell by more than expected in December, figures released by the Federal Labour Office on Tuesday showed, signalling the health of the job market in Europe’s largest economy.
The seasonally adjusted unemployment total last month fell by 14,000, more than double the 6,000 figure forecast in a Reuters poll of economists. The adjusted jobless total stood at 2.757 million.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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