The number of unemployed in Germany fell in February by 21 thousand

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In Germany, the number of unemployed in February was 2 million 236 thousand people, having decreased over the month by 21 thousand, the Federal Employment Agency reported. The index fell at the fastest pace over the past 5 years, surpassing a decrease of 5 thousand, predicted by economists. In February, the January unemployment rate remained at 5%. Economists also did not expect it to change. According to the Bundesbank, unemployment by 2020 will be reduced to 4.5%. According to the statistics of Destatis, in January, unemployment, according to the standards of the International Labor Organization, fell to 3.2% from 3.3% in the previous month. The number of employed citizens increased by 1.1% compared with the same month a year earlier.

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