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Record number of Germans working
Published: 2 Jan 13 15:10 CET | Print version
Online: http://www.thelocal.de/money/20130102-47097.html
The number of people in Germany with a job rose to a record high level last year, even as growth momentum slowed with the eurozone debt crisis hitting the German labour market, data showed on Wednesday.
- Some fear inflation if small euro coins cut (19 May 13)
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"The rise in employment in the second half of the year was nevertheless not quite so strong as in 2011," the statisticians cautioned.
At the same time, the annual average jobless total declined by 162,000 to 2.34 million last year, Destatis said.
That meant the jobless rate -- which measures the number of people out of work as a proportion of the working population as a whole -- declined to an annual average 5.3 percent for 2012 from 5.7 percent in 2011.
December jobless data, calculated by the federal labour office, are scheduled to be published on Thursday.
AFP/mry
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Your comments about this article:
Can you be more precise? How much is the unemployment rate increasing? I suppose you use rigorously collected data.
http://mobile.bloomberg.com/news/2012-08-30/german-unemployment-rises-for-a-fifth-month-amid-crisis.html
The article you mentioned says nothing about q4 (which is normal, because it is more than 4 months old). About q3 it says "The adjusted jobless rate was unchanged at 6.8 percent." Now it went down to an yearly average of 5.3%. So what exactly is your point?
http://www.prweb.com/releases/2012/11/prweb10087183.htm