Bloomberg News

Labor Agency Head Says German Unemployment Will Fall More: Welt

September 08, 2012

German unemployment will continue to fall slightly, Frank-Juergen Weise, head of the country’s Federal Labor Agency, tells Die Welt newspaper. * Weise says minimum wage could be useful if level right: Welt * Weise says minimum wage below 7.50 euros would have no effect: Welt * Weise says German jobs market structurally sound despite recent lay-offs: Welt * Weise expects 2.8 million to 2.9 million Germans to be jobless next year: Welt

Link to story: http://tinyurl.com/8tyjg5b

To contact the reporter on this story: Dalia Fahmy in Berlin at dfahmy1@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net


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