Surprise Drop in German Unemployment
Published:
9 July 2003 y., Wednesday
The lines at Germany's job centers shortened last month, but they were still the longest for June since reunification.
Unemployment in Germany fell further than expected in June, according to figures published by the Federal Labor Office in Nuremberg on Tuesday. But joblessness in the month was still the highest in 12 years.
Almost 4.26 million people were looking for work last month, 85,000 less than in May. The unemployment rate fell from 10.4 to 10.2 percent.
According to the Labor Office, the numbers are surprisingly low, even when seasonal factors are taken into account. Seasonally adjusted figures put the drop at 33,000. But it's not all good news. The jobless figures were still the highest for June since reunification in October 1990. And a year-on-year comparison reveals an increase of 303,100.
The head of the Labor Office, Florian Gerster, said that apart from the usual seasonal factors, the reduction was down to new legislation aimed at reviving the labor market. The authorities have stepped up efforts to broker jobs for the unemployed, with some success. One positive side-effect of this campaign is that some people have had their names struck from the register rather than have jobs forced on them.
Šaltinis:
dw-world.de
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »