According to rttnews, Germany's unemployment declined more than expected in August, reports said citing data from the Federal Labor Agency on Thursday.

The number of people out of work decreased by 7,000 in August from July. Economists had forecast a decline of 4,000.

At the same time, the jobless rate held steady at 6.1 percent in August. The rate came in line with expectations. This was the lowest since German reunification.