The number of unemployed increases due to seasonal factors

Typically, unemployment has gone up slightly in August. The deterioration in economic activity is slowly on the job market tracks. The demand for new employees is significantly weaker.

The number of unemployed in Germany rose in August to 2,319 million. The were more than 44,000 unemployed more than in July and 31,000 in less than a year ago, as the Federal Agency reported for work on Thursday in Nuremberg. The unemployment rate rose by 0.1 percentage points to 5.1 percent.

“The phase of economic weakness also leaves the labour market, slight traces, in total, he is shown to be robust. Employment growth continues, but loses momentum and the demand of companies for new employees goes back to high level again,” said the Chairman of the Board of the Federal employment Agency (BA), Detlef Scheele.

Adjusted for seasonal influences, a slight increase of 4,000 unemployed people is calculated for August compared to the previous month. The goods to 29,000 less than a year ago.

Demand for new staff-wide high-level

The demand for new employees moving to a high level, to give more, said the authority. In August 795.000 work were reported in the BA, is 33,000 less than a year ago. On a seasonally adjusted basis has the stock of the registered with the BA work to 8000 Points is reduced. The set index of the “BA-X” – an indicator for labour demand in Germany – fell in August 2019 to a point on 242 points. He is 10 points below the previous year’s value.

The under-employment, which includes people currently, for example, in one embodiment, increased slightly by 3,000 to 3,203 million people. In the year-on-year comparison, the number fell by 29,000.

Number of employed persons continued to rise

The number of employed persons continued to rise and was according to the latest data from the Federal Statistical office in July 45,29 million and were about 14,000 more than in the previous month, compared to the previous year, there were 374.000-employed more.

The Plus is based, according to the BA largely to a higher number of employees subject to social security of employed workers. Overall, the account of the BA had, according to the high in may 33,39 million people a regular Job. Season from may to June, an increase of 11.000 was adjusted.

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