Germany unemployment rate edges down to 7.3% in MarchMarch 28, 2013 - 15:35 AMT PanARMENIAN.Net - Germany's unemployment rate edged down to 7.3 percent in March as a traditional springtime upturn was limited by unusually cold weather. According to The Associated Press, the Federal Labor Agency said Thursday, March 28, that the unadjusted jobless rate was down from 7.4 percent in February. The number of people registered as unemployed was 3.098 million — 58,000 fewer than the previous month. In seasonally adjusted terms the unemployment rate was steady at 6.9 percent for the sixth consecutive month, in line with economists' forecasts. Despite contracting in the last quarter of 2012, the German economy, Europe's biggest, has remained robust over the past few years, while several other countries in the euro area have struggled. That has bolstered the labor market; Germany's jobless rate contrasts with unemployment of more than 25 percent in Greece and Spain. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |