Wednesday, November 2, 2016

Unemployment drops to lowest level for 25 years –

The much-vaunted autumn revival has a more strongly this year than usual: unemployment fell last month to its lowest level in a quarter of a century. A total of 2,540 million people were unemployed reported.

The good state of the economy pushes the unemployment in Germany to the lowest level in a quarter of a century. The number of unemployed fell in October, according to data from the Federal employment Agency (BA) of 68,000 to 2,540 million. The decline was stronger than in previous years, and stronger than expected. A lower unemployment number, it was last updated in June of 1991.

The unemployment rate fell to 5.8 percent. “In the course of the autumn upturn, unemployment has dropped sharply, employment increased and demand for new employees to put more,” said BA chief Frank-Jürgen Weise, at the presentation of the Figures. Excluding the seasonal swings, dropped the unemployment figure of 13,000, and so surprising.

last month was the unemployment 2,606 million persons and a rate of 5.9 percent, the lowest level in 25 years. In November 2015, she was 2,633 million, unemployment at 6.0 percent.

The decline, according to experts, mainly seasonal reasons. The October benefit from the fall of recovery before the onset of Winter, concern for rising unemployment, reports of the experts. The weakening economy take hardly any thrust on the job market. In the coming months, the Economists therefore expect more of a sideways movement in the coming year, even with rising unemployment. In particular, for the second half of the year is expected to be higher unemployment. As reasons for a weaker economic growth, as well as a growing number of unemployed refugees.


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