At the beginning of the education year, the labour market is gathering momentum again. The number of unemployed drops to the lowest value since reunification.
With the beginning of the autumn the number of unemployed in Germany fell in September to 2,256 million people. This is the lowest value since 1991. Compared to the previous month, the number of job seekers decreased around of 94,000, in the previous month, they had still to 192.000 higher, as the Federal employment Agency (BA) announced on Friday in Nuremberg. The unemployment rate declined by 0.2 percentage points to 5.0 percent.
“The employment subject to social insurance continues to grow, and the demand for Labour, the company has tightened again,” said BA chief Detlef Scheele. “The labour market development is thus sustained.” In September, the unemployment in the rule of law is strong, as companies adjust to the holiday season now and many young people begin after completion of school or training for a Job. Such seasonal fluctuations are excluded, decreased unemployment by 23,000 the previous month.
Many Vacancies
In the case of the Federal employment Agency were reported in September at the same time, approximately 834.000 Vacancies – 61.000 more than a year ago. The number of people employed was according to the latest data from the Federal Statistical office in September 45,01 million – an increase of 31,000 from the previous month. In comparison to the previous year, there were together 565,000 workers. The increase is based solely on the more subject to social insurance employees.
The leading economic research institutes in their autumn report for the Federal government a continued decline in unemployment. By 2020, the number should be an average of 2.1 million. Due to the economic recovery. “At the same time, companies seem to have more and more problems to find enough labour for their production,” said the Economists.
zdh/hb (AP, rtr)