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German unemployment ticks up slightly in August
http://hosted.ap.org/dynamic/stories/E/EU_GERMANY_ECONOMY?SITE=VANOV&SECTION=BUSINESS&TEMPLATE=DEFAULTGerman unemployment ticks up slightly in August
Aug 28, 4:51 AM EDT
BERLIN (AP) -- Germany's Federal Labor Office says the country's jobless rate ticked up slightly to 6.7 percent in August as 30,000 more people joined the ranks of the unemployed.
The office said Thursday there were 2.90 million people out of work in August overall, and as a result the unemployment rate inched 0.1 percentage point higher from July.
When adjusted for seasonal factors, the jobless rate has remained steady at 6.7 percent since March.
Federal Labor Office head Frank-Juergen Weise says he doesn't expect much change in Europe's largest economy over the coming period.