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German unemployment dips to 6.6 per cent in June on seasonal upswing in labour market

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(GlobalPost/GlobalPost)

BERLIN - A seasonal pickup in job creation has helped push Germany's unemployment rate down to 6.6 per cent in June from 6.8 per cent the previous month.

The Federal Labor Agency said Thursday that 2.865 million people were registered as unemployed, a drop of 72,000 over the month.

When adjusted for seasonal factors, unemployment fell by 12,000 but the rate was steady at 6.8 per cent.

Europe's biggest economy has enjoyed a period of relatively low unemployment in contrast to many of the other European Union countries that use the euro. Spain and Greece for example have unemployment rates above 25 per cent.

http://www.globalpost.com/dispatch/news/the-canadian-press/130627/german-unemployment-dips-66-cent-june-seasonal-upswing-labou