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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: 102 ★★★★

 

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

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