Job seekers wait to be interviewed inside the employment center at the Six Flags Entertainment Corp. Great Adventure amusement park in Jackson, New Jersey, U.S. (Photographer: John Taggart/Bloomberg)

German Unemployment Falls Despite Mounting Risks to Economy

Jan 04 2019, 8:55 AMJan 04 2019, 11:42 AMJanuary 04 2019, 8:55 AMJanuary 04 2019, 11:42 AM

(Bloomberg) -- German unemployment fell to a record low, extending its five-year decline, as companies signaled confidence in Europe’s largest economy.

Joblessness decreased by a seasonally adjusted 14,000 in December to 2.26 million, more than economists predicted, supporting the Bundesbank’s outlook that growth momentum remains strong despite growing threats of protectionism and a disorderly Brexit. The jobless rate remained at 5 percent.

German Unemployment Falls Despite Mounting Risks to Economy

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