We're your best review guide

Number of unemployed in Germany declines fourth month in a row

Number of unemployed in Germany declines fourth month in a row Johannes Röll Visitors: 363 ★★★★

 

The number of unemployed in Germany fell by 35 thousand in October, according to data from the Federal Agency for Employment of Germany. Analysts had expected a reduction in the number of unemployed by only 5 thousand, according to data from the Economics of Trade
Thus, the number of unemployed fell for the fourth month in a row.


In September, according to revised data, the number of unemployed in Germany fell by 10 thousand, not 8 thousand, as previously reported.


At the same time, unemployment in Germany fell this month to 6.2% compared with September's level of 6.3%. Experts expected unemployment to remain at the same level.


The number of part-time workers in Germany in August fell to 2.58 million, compared with 4.24 million in July.

 

Johannes Röll
Johannes Röll

Johannes Röll was born 1978 in Brilon,Germany. Graduated RWTH Aachen University. Over the past ten years he worked as Head of the plastic card team, where he was mainly responsible for the development of the distribution, Head of sales Department and Financial Analyst,where he got experience in planning and support sales figures for branches. For the present he works as freelancer

Comments 0

Recent Projects

Number of unemployed in Germany declines fourth month in a row

EUR/USD soars amid rumors of an ECB rate hike by 0.5%

While the EUR/USD pair showed a short-term bearish profile early in the morning as part of a correction after yesterday's testing at 1.0200, it then showed a sudden sharp increase, reaching a maximum at the moment at 1.0250.

Number of unemployed in Germany declines fourth month in a row

Oil price in London - Brent

On the electronic platform of the European futures market ICE (Intercontinental Exchange), symbolically located in London, spot transactions are conducted daily, in particular, for Brent oil from the North Sea (spot market) or in the form of forward contracts (futures) for 1000 barrels of Brent oil with a maturity of 3 months, 1 year or 2 years.

Number of unemployed in Germany declines fourth month in a row

"Futures" are financial instruments used to predict future changes in the underlying asset

"Futures" are financial instruments used to predict future changes in the underlying asset (stocks, stock index, etc.): You buy or sell a certain amount of this underlying asset at maturity and at a predetermined price. But futures are very risky speculative products.

Number of unemployed in Germany declines fourth month in a row

Gh0stly Gh0sts-the first omnichain NFT collection

In recent days, the premiere of the unique collection NFT: gh0stly gh0sts. Although there is little interest in the project at the moment (the Twitter profile @gh0stlygh0sts is watched by less than 12,000 people), it can already be said that this is something groundbreaking.

Number of unemployed in Germany declines fourth month in a row

What is a factoring contract and what elements should I pay attention to?

Factoring is a financial service that few people have heard of until recently, but now it is gaining popularity among entrepreneurs every year. This is one of the most effective ways to maintain the financial liquidity of the company and ensure its free access to capital.

Number of unemployed in Germany declines fourth month in a row

This article, first of all, will be useful for beginners in the Forex market.

Many newcomers ask such questions: "How to start trading on the Forex currency market, where to do it, the first steps in trading" and other similar questions.