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German unemployment falls
German unemployment fell for the 12th consecutive month in June thanks to an improvement in business confidence which gave the recovery in Europe’s largest economy a helping hand.
In seasonally-adjusted terms, the number of jobless fell by 21,000 taking the unemployment rate to 7.7 per cent. Officially, 3.23m Germans are out of work, the lowest since December 2008. On an unadjusted basis, unemployment fell by 81,000 to 3.15m.