Thursday, July 28, 2011

 (MarketWatch) -- The number of unemployed German workers fell by a seasonally-adjusted 11,000 in July, the Federal Labor Office reported Thursday. Economists had forecast a drop of 15,000. The seasonally-adjusted jobless rate was unchanged at 7%. The unadjusted number of unemployed rose by around 46,000, the labor office said, noting that a seasonal rise is common in July due to summer holidays and temporary unemployment registration by new school graduates.

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