Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
BERLIN (AP) — Unemployment in Germany, Europe's largest economy, fell slightly in February as the labor market remained strong.
The Federal Labor Agency said Wednesday the unadjusted rate fell to 5.7 percent in February from 5.8 percent the month before, with the number of unemployed dropping by 24,000 to 2.55 million.
When adjusted for seasonal factors, the rate remained at 5.4 percent, unchanged by the slight rise of 2,000 more jobs.
Following strong economic growth of 2.2 percent in 2017, the government is predicting a 2.4 percent expansion this year.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.






