In June, the unemployment in Germany declined further. The number of employees has reached the highest level since reunification in 1990.
The number of unemployed in Germany fell in June by 25,000 to 2.473 million. Thus, there were 142 000 for unemployed less than a year ago, as the Federal employment Agency (BA) announced on Friday in Nuremberg. This is the lowest in June since 1991. The unemployment rate fell by 0.1 points to 5.5 percent.
“The number of unemployed people went in June for seasonal reasons, further back,” said BA chief Detlef Scheele. The employment and the demand of companies for new employees would have again been growing strongly.
Adjusted for seasonal variations, climbed, the number of unemployed compared to the previous month, surprising to 7000. According to this account, it was the first increase since March, 2016.
Highest level of employment since reunification
The number of employees reached the highest level since reunification. In may, around 44.1 million people in work, such as the Federal Statistical office announced on Friday. This increased the number of working population with place of residence in Germany within a year’s time to 651.000, or 1.5 percent.
Excluding the seasonal fluctuations, there was in April a Plus of 36,000. The positive situation on the labour market and consumer sentiment to push the entire economy for quite some time strong. The mood of the consumer market researcher is, according to the calculations of GfK is currently as good as since October 2001.
bea/ul (dpa, reuters)