German job market stays buoyant

The outlook for jobs in Germany is buoyant, despite a struggling economy, new statistics revealed Thursday show. The number of Germans in work rose once again in February. 

"The German economy is currently experiencing a period of weakness, but the labour market remains unfazed by this," the head of the Federal Labour Agency, Frank Weise, said. 

Recent data showed that the German economy, the biggest in Europe, contracted by 0.2 percent in the fourth quarter of 2011 and the latest output and orders data suggest little improvement can be expected in the first quarter, Weise said.

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