German jobless rate falls to record low

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Germany’s unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April.

The unadjusted rate in Germany declined to 6% from 6.3% in April, the Federal Labour Office said.

That was the lowest level since German reunification in 1990.

Differences remain between the formerly divided country: it was just 5.5% in what was West Germany, but 8.4% in the once-Communist east.

The fall reflected the strength of the labour market in Europe’s largest economy.

The eurozone jobless rate was down from 11% in April last year and the lowest figure for the 19 countries using the euro since August 2011, Eurostat said.

However, in Italy the unemployment rate rose to 11.7% in April, up from a revised 11.5% the previous month.

Among the 15 to 24 age bracket, the rate hit a five-year high of 36.9% – 0.2% higher than in March, Italy’s statistics office said.

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German jobless rate falls to record low
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