German unemployment falls

http://www.seattlepi.com/business/article/German-unemployment-down-to-7-percent-3526574.php

German unemployment has reached its lowest April number in the past 20 years. It dropped .2% from the March figure of 7.2% to 7%. The German labor agency claims that the credit for this wonderful employment spike can be given to the traditional springtime job spurt and the overall strength of the German national economy. This unemployment rate means that there is now less than 3 million unemployed Germans. Germany has had the strongest economy in the Eurozone and has experienced economic growth in the past two years. The unemployment rate is an indicator of Germany's economic strength relative to the Eurozone, Germany's 7% compared to the Eurozone's 10.9%. The German labor agency has calculated that with the burgeoning German economy, unemployment levels will continue to fall.

Lowering unemployment can be very beneficial to a country's GDP. In the traditional GDP = Consumption + Investment + Gov't Spending + Exports - Imports, lower unemployment means that more people are collecting money and there will be increased levels of consumption which will drive up the GDP