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German consumer confidence rises; unemployment low

By David Rising
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BERLIN (AP) — Germany’s unemployment rate held steady in April, the Federal Labor Agency reported Tuesday, while a survey showed German consumers’ mood remained robust — two new signs that Europe’s largest economy is continuing to weather the European financial crisis.

The labor office reported the jobless rate remained unchanged at 6.9 percent, just off its two-decade low, despite a slight rise of 4,000 people seeking jobs when adjusted for seasonal factors.

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