German unemployment falls to 6.7% in March, the lowest since comparable records began in 1998,...

|By:, SA News Editor
German unemployment falls to 6.7% in March, the lowest since comparable records began in 1998, from from 6.8% in Feb. The decline comes despite the eurozone debt crisis and indicates that the Germany economy may be recovering from its dip. New orders fell 16% in Feb. Y/Y, but industry group VDMA expects output to pick up again in H2.