Financial Times FT.com

‘Extraordinary’ fall in German jobless

By Bertrand Benoit in Berlin

Published: January 3 2007 11:25 | Last updated: January 3 2007 11:25

Unemployment in Germany recorded another steep monthly drop in December, underscoring the robustness of the year-old rebound under way in Europe’s largest economy.

Seasonally adjusted figures released by the Federal Labour Agency on Wednesday put the number of jobseekers in Germany at 4.1m, down 108,000 on the month, a far bigger drop than economists had anticipated after a 86,000 fall in November.

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