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German jobless rate unexpectedly dropped in October, data released by the Federal Labor Agency showed Thursday.
The jobless rate fell to 8.1% in October from 8.2% in September, while economists had forecast the rate to rise to 8.3%. The number of unemployed declined 26,000 after a revised fall of 15,000 in the previous month. The number was expected to rise by 15,000.
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