Thursday, March 31, 2005

Germany hits postwar unemployment record

EU: and France gets news that can't help stopping the No vote in May.

March 31 (Bloomberg) -- Unemployment in Germany rose to a postwar record and France's jobless rate held at a five-year high, threatening prospects for growth in the euro region. The seasonally adjusted unemployment rate in Germany, Europe's largest economy, rose to 12 percent in March from 11.7 percent in February, as the number of jobseekers rose for the 14th month, the Federal Labor Agency said in Nuremberg today. France's jobless rate held at 10.1 percent in February, the Paris-based Labor Ministry reported.

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