Positive signals on the German job market

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Positive signals on the German job market




Unemployment falls in September


© Reuters/Wolfgang Rattay
Unemployment falls in September


Nuremberg / Berlin (Reuters) – After the corona shock in spring, the job market in Germany is gradually giving positive signals again.

In September, the number of unemployed fell from the previous month by 108,000 to 2.85 million, as the Federal Employment Agency (BA) announced on Wednesday. “The effects of the corona pandemic on the labor market are still clearly visible,” said BA board member Daniel Terzenbach. “But there are slight signs of improvement.” Short-time working again stabilized the situation, but was again lower. According to preliminary projected data, according to the BA, 4.24 million employees received short-time working allowance in July.

Taking the seasonal fluctuations out of the equation, the number of unemployed fell by 8,000 in September, as much as economists expected. The number of unadjusted unemployment rates fell by 0.2 percentage points to 6.2 percent.

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