policy
Wednesday 07 January 2015
Due to the mild winter unemployment has increased only slightly in December. As the Federal Employment Agency (BA) announced that 47,000 people were more unemployed than in November – but 110,000 less than in December 2013. In total, at year-end 2,764,000 in search of a place
“. An increase in December is common, but the increase was smaller this year than in recent years, “said BA. The unemployment rate rose by 0.1 points to 6.4 percent.
More about“Despite limited economic stimulus has the labor market developed positively,” said BA chief Frank-Juergen Weise. “2014 fewer people were unemployed than a year earlier, employment and hiring companies’ willingness to have grown.” The increase was usual for the season was lower than in previous years.
The German labor market thus presents itself in good shape. Compared to December 2013 110.000 people were less without a job. Adjusted for seasonal factors, the picture looks even better. Compared with November unemployment fell by 27,000. Economists had only a decrease of 7,000 expected. The adjusted unemployment rate fell by 0.1 points to 6.5 percent. Analysts had predicted, however, that they would remain unchanged.
Source: n-tv.de
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