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

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.
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