German Unemployment Falls In October
Faizan Hashmi 26 days ago Thu 29th October 2020 | 03:10 PM
Frankfurt am Main, (UrduPoint / Pakistan Point News - 29th Oct, 2020 ) :German unemployment ticked down in October as the country bounced back from the initial shock of the pandemic, official data showed Thursday, but a fresh round of shutdowns threaten to halt the momentum.
Pandemic-induced lockdowns in the spring shuttered businesses and factories, but sentiment improved as the economy opened up in the following months.
Government-backed short-time work schemes have softened the blow, saving hundreds of thousands of jobs.