The German labour market shrugged off the eurozone debt crisis and unemployment dropped to its lowest level in 20 years last year, new data showed on Tuesday.
German Labour and Social Affairs Minister Ursula von der Leyen speaks during a press conference in Berlin on January 3, to announce the unemployment data for December 2011. The German labour market shrugged off the eurozone debt crisis and unemployment dropped to its lowest level in 20 years last year, new data showed on Tuesday.
"The labour market continued to develop positively at the end of 2011 and we can look back on a good year, when unemployment dropped sharply, employment increased and demand for labour remained very high throughout the whole year," said the head of the Federal Labour Agency, Frank Weise.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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