German Joblessness Flirting with 20-Year Low

The ECB’s job got a little harder Thursday, with unemployment data that showed a widening in the gap between the euro zone’s haves and have-nots. Figures released Thursday showed German joblessness for April flirting with a 20-year low, while data due Friday from Spain are expected to paint a worsening unemployment picture. German seasonally adjusted unemployment fell by 37,000 in April to under 3 million for the first time in nearly 20 years. – WSJ

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