Economic Buzz: German Unemployment Decreases Notably In March

German unemployment fell sharply in March, the Federal Labor Agency reportedly said Thursday. The number of people out of work decreased by 19,000 in March. Unemployment was expected to fall 15,000. The jobless rate fell to 5.3 percent in March, in line with expectations, from 5.4 percent in February. This was the lowest since reunification in 1990.