Unemployed

Little movement on the labour market

Normally, the spring provides a strong High to the German labour market. In this March the number of unemployed has not decreased, however, as strong as usual.

In March were a total of 2,845 million without work, the 66,000 less than in February. The unemployment rate fell only slightly, to 6.5 percent.

In March, it is common that the seasonal changes on the labour market. With the better weather, more work needed forces on the construction, and in agriculture. In this year, this effect was, however, lower than in other years. The experts of the Federal labour office in Nuremberg to make sure the mild Winter to the beginning of the year responsible. As a result, more Busy than usual, more can work.

“Overall positive”

Excluding seasonal fluctuations, the number of unemployed constant. Banks economists had expected a slight decrease. The head of the Federal employment Agency, Frank-Jürgen Weise, was nevertheless satisfied: “The labour market has developed more positively. Although the unemployment on a seasonally adjusted basis has not changed, the employment subject to social insurance, however, is grown again.”

Labour market experts are now suggesting that the time and rapidly falling unemployment in Germany is expected to be in the past. To uncertain prospects for the world economy, the economic location of Germany, with its export dependent companies. The leading German economic research institutions have corrected their growth forecasts for this year downwards.

Loads in the fall

The five so-called economic experts, a consultant body to the Federal government, are still expecting growth of 1.5 percent, other Economists see the growth of the gross domestic product this year to 1.3 percent. This is likely to have an impact on the situation on the labour market.

A further strain in the second half of the year on the German labour market. Then many of the refugees who came in the last time to Germany to look for work. This will be reflected in the balance sheets of the employment Agency. Labour market experts predict in the second half of the year, not seasonally adjusted, a rise in the unemployment figures.

rb/ar/uh (afp, dpa, rtr)