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German Unemployment Falls in April

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Published: Wednesday, 2 May 2007 | 4:52 AM ET
By: AP

Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.

The country's Federal Labor Office said Wednesday that that 3.967 million people were without work in April, 1.1 million less than two years ago, and less than the month before when 4.1 million were without a job.

Germany's unemployment rate has been steadily improving as the country maintains its economic upswing, including stronger consumer demand and investment within the country by German and foreign companies.

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Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.

   
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