• Germany edition
 
Hundreds of great job opportunities for foreign professionals at Germany's top employers - in cooperation with Monster, Experteer, Stepstone, and CareerBuilder.
What
Where
3,227
jobs available
Find English-speaking professionals with The Local.
Advertise a vacancy
German joblessness falls to five-month low
Photo: DPA

German joblessness falls to five-month low

Published: 28 Feb 2013 11:09 CET

On the face of it, headline unemployment rose this month, but that was primarily due to seasonal factors, monthly data compiled by the Federal Labour Office showed.

The raw or unadjusted jobless total rose by 18,013 to 3.156 million and the jobless rate - which measures the number of unemployed as a proportion of the working population as a whole - was steady at 7.4 percent.

Nevertheless, the seasonally-adjusted jobless total - which irons out seasonal fluctuations - fell by 3,000 to 2.917 million, its lowest level since September, the agency said.

Analysts had been expecting an increase of around 1,500. The seasonally-adjusted jobless was also unchanged at 6.9 percent.

"Following weak growth in the preceding quarters, the German economy contracted by 0.6 percent in the fourth quarter of 2012. But the chances have improved that the economy will recover again during the course of 2013," said labour agency chief Frank-Jürgen Weise.

"Positive signals are coming from stable orders and brightening economic expectations. The labour market remains in fundamentally good shape and is reacting robustly to the difficult economic environment," Weise said.

Analysts agreed. "The German labour market confirmed the recent signs of resilience in February," said Annalisa Piazza at Newedge Strategy.

At 6.9 percent, the jobless rate remains "very close to its record low since German unification in the early 1990s," she said.

"Recent business confidence indicators have started to signal a mild recovery in activity at the turn of the year and German companies have already started to revise their hiring plans with caution," the expert continued.

"All in all, German unemployment is benefitting from a relative resilient economy and the effects of the past few-year structural reforms that helped to create a flexible labour market," she concluded.

AFP/mb

The Local (news@thelocal.de)


Don't miss...X
Left Right

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Your German Career
Germany's Federal Employment Agency has identified the job sectors the country is most short of workers for. JobTalk looks at where the vacancies lie.
Students at German universities have shown themselves to be a risk-free lot in a survey by Ernst & Young. The civil service is their most popular choice of future profession, while job security is valued above all else.
Jenny Core, originally from Bolton, England, shares her tips in this week’s My German Career on being an artist in Berlin. The 27-year-old exhibits her work regularly in the city, including next to a Turner Prize shortlister.
In this week's JobTalk, Tanya Schober, who is originally from India, talks us through her journey to German citizenship.
In this week's My German Career, Anupama Gopalakrishna, who is originally from Bangalore in India, tells The Local about her new life in Frankfurt.
In this week's My German Career, US pastor Jeff Ingram, 54, talks about life in the church and the advantages as well as the downside of Germany's desire for order.
German Employment News
A new YouGov survey shows job seekers in Germany are exasperated with the application process, complaining about poor job adverts and slow responses. Recruiters agree.
What would happen if everyone was suddenly paid €1,000 a month with no strings attached? "Let's try it," says Michael Bohmeyer, who raised the money through crowdfunding and will now experiment with the idea of a basic income for one year.
Germany lags its rivals when it comes to innovation, according to global rankings. But in other measures it leads Europe in technological progress. How innovative is the country really?
Germany's Federal Employment Agency has identified the job sectors the country is most short of workers for. JobTalk looks at where the vacancies lie.
JobTalk this week looks out of the classroom window and up from the translator’s desk at some of the best jobs for expats in Germany.
What holds back talented foreigners in Germany's job market? Recruitment expert Chris Pyak looks at three misconceptions which may be hindering your success when applying for jobs.

Officer - Submission & Bio/Cash
VFS TasHeel International is seeking a Submission & Bio/Cash Officer to manage day-to-day activities of the Visa Application Centre in Frankfurt and Berlin.
FULL JOB AD »

PAYBACK GmbH
München
Stepstone
Added 07/29/14

Zalando AG
Berlin
Stepstone
Added 07/29/14

StepStone Deutschland GmbH
Brüssel, Berlin, Düsseldorf, Warschau
Stepstone
Added 07/29/14

DHL Express
Leipzig
Stepstone
Added 07/29/14

DHL Express
Leipzig
Stepstone
Added 07/29/14

GE Healthcare
DEU-Bavaria-Home office in Germany-00000
Stepstone
Added 07/29/14

Deutsche Post DHL
Bonn
Stepstone
Added 07/29/14

Celesio AG
Stuttgart
Stepstone
Added 07/29/14

Celesio AG
Stuttgart
Stepstone
Added 07/29/14

DHL Express
Leipzig
Stepstone
Added 07/29/14