No Improvement on German Job Market

Published: 6 September 2004 y., Monday
The number of people looking for work in Germany rose in August, as the modest economic recovery was not enough to create any new jobs in the eurozone's biggest economy, official data showed on Thursday. The Bundesbank, Germany's central bank, calculated that the number of people out of work last month rose by 24,000 to 4.414 million, equivalent to 10.6 percent of the working population. Unemployment in Germany has been increasing steadily since the beginning of the year, with a total 145,000 more people on the dole in August than in January. The Bundesbank data are seasonally adjusted. Raw or unadjusted data published separately the Federal Labor Agency in Nuremberg painted a slightly more positive picture, with the unadjusted jobless total falling by 13,400 to 4.347 million. But that decline was solely a result of seasonal factors and not any fundamental improvement in the labor market -- unemployment usually decreases at this time of year at the start of the school term and as factories re-open after the summer holidays. In regional terms, the seasonally adjusted jobless total in western Germany increased by 18,000 to 2.809 million, equivalent to a jobless rate of 8.6 percent.
Šaltinis: dw-world.de
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EU continues support for victims of landmines

Every year 10 000 people lose their lives due to landmines. more »

Nuclear disaster cartoon goes viral

Frustrated by the technical explanation of the nuclear crisis in Japan, artist Hachiya Kazuhiko creates cartoon character "Nuclear Boy" for clarification. more »

Chopin death photo possibly uncovered

A Polish collector discovers a photo believed to be of Frederic Chopin taken just after his death in 1849. more »

Satellite service makes air travel even safer (36682)

EGNOS-for-aviation, a satellite navigation service launched on 2 March 2011, will increase flight safety, reduce delays and open up new destinations. more »

Time capsules in Christchurch rubble

Worker finds two time capsules amid earthquake rubble in Christchurch as search and rescue teams continue to comb through debris from the New Zealand earthquake. more »

Running against time

A group of elderly men in Brazil have taken up running as they race disease and old age. more »

Cabbies strike a pose to distress

"Taxi Yoga," a new exercise class for taxi drivers, helps stretch away the stress of driving a cab in New York City. more »

Circus lions head for safe haven

Twenty-five rescued circus lions leave Bolivia for a new life at a U.S. animal sanctuary. more »

Valentine’s roses head to the USA

Colombian flower growers prepare rose exports for Valentine's Day and hope to reap profits despite a strengthening peso. more »

Anti-bullfighting protest in Mexico

Mexican animal rights activists coat their bodies in fake blood to protest bullfighting. more »