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German unemployment rate falls to record low | German unemployment rate falls to record low |
(35 minutes later) | |
Germany's unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April. | Germany's unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April. |
The unadjusted rate in Germany declined to 6% from 6.3% in April, the Federal Labour Office said. | The unadjusted rate in Germany declined to 6% from 6.3% in April, the Federal Labour Office said. |
That was the lowest level since German reunification in 1990. | That was the lowest level since German reunification in 1990. |
Differences remain between the formerly divided country: it was just 5.5% in what was West Germany, but 8.4% in the once-Communist east. | Differences remain between the formerly divided country: it was just 5.5% in what was West Germany, but 8.4% in the once-Communist east. |
The fall reflected the strength of the labour market in Europe's largest economy. | The fall reflected the strength of the labour market in Europe's largest economy. |
The eurozone jobless rate was down from 11% in April last year and the lowest figure for the 19 countries using the euro since August 2011, Eurostat said. | The eurozone jobless rate was down from 11% in April last year and the lowest figure for the 19 countries using the euro since August 2011, Eurostat said. |
Across the 28 countries in the European Union, unemployment fell to 8.7% in April, down from 8.8% in March and 9.6% in the same month last year. | |
That was the lowest rate for the EU since April 2009. | |
However, seven countries still have double-digit unemployment, with Italy at 11.7%, Spain at 20.1% and Greece at 24.4%. | |
The April unemployment rate for those aged 15 to 24 was 18.8% in the EU, down from 20.7%, and 21.1% in the eurozone, compared with 22.5% in the same month last year. |
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