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

Foreign divorces - MEPs to debate fairer rules

Divorcing someone of another nationality can be legal and emotional nightmare. more »

The first international evaluation of Lithuania’s reputation

People from various countries hold quite a favourable opinion about Lithuania’s governance, its activities in the international community, and economic living and working conditions in Lithuania. more »

Movie goers support African village

An African eco-village in South Africa's wine region receives funding from a surprising source. more »

MEP on ways to avert future credit crunch

Teaching children about basic finance so they avoid getting into bad debts at a later age is the aim of a leading MEP. more »

MEPs to vote on EU Blue Card for skilled migrants

The proposed European Blue Card scheme for skilled immigrants will pass a crucial vote in the Civil Liberties Committee on Monday. more »

Talk of the Town: Locklear set up?

Talk of the Town brings you the latest in news, music and celebrity talk. more »

Palin and Princess Diana related

Genealogists from Ancestry.com discovered that Palin and the late princess descended from John Strong and his wife Abigail Ford. more »

EU celebrates UN declaration of human rights with tribute to dissidents.

Tunisian journalist Souhayr Belhassen has campaigned in defence of human rights for more than three decades. more »

Price of parenthood

For years parents in the EU have struggled to find good, affordable childcare facilities. In 2002, EU leaders declared childcare a high priority and, to show they meant business, set specific targets. more »

Pope decries faithless culture

Pope Benedict XVI opens a major Vatican meeting and urges man not to brush God aside by declaring himself master of the world. more »