Wednesday, November 2, 2016

Economic activity in Germany: unemployment numbers are the lowest in 25 years – Handelsblatt

employment Agency

Excluding the seasonal swings, dropped the unemployment figure of 13,000, and so surprising.

(photo: Reuters)

Nürnbergdecreased The number of unemployed in Germany is once again strong. The Federal employment Agency (BA) registered in October of 2.54 million unemployed, as the authority announced on Wednesday in Nuremberg, Germany. The goods of 68,000 job seekers less than in September and 109.000 less than a year ago. A lower unemployment number, it was last updated in June 1991. The unemployment rate fell by 0.1 points to 5.8 percent.

“In the course of the autumn upturn has decreased the unemployment rate significantly, the employment is again increased, and the demand for new employees to put more,” said BA chief Frank-Jürgen Weise. By the autumn upturn, unemployment has dropped significantly. The number of employees was at the same time continued to increase, and the demand for new employees to have again.

The decline in the unemployment numbers in the fall, mainly due to seasonal factors: training graduates often find first after the summer holidays a permanent position. School-leavers begin a course of study and a lot of companies only after the plant holidays of new employees.

fallen in October, the seasonal adjusted unemployment number. Compared to September, fell by 13,000 to 2,662 million unemployed. In the West, there were nearly 6000 job seekers less, to the East, just under 8000. on Reuters interviewed banks economists had only expected a loss of 1000.

The demand for new employees remains high. In October 691.000 Vacancies were registered with the BA. The goods 79.000 for more than a year ago.


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