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Photo: DPA

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.

The number of people in work in Germany increased by 416,000 or 1.0 percent to an annual average 41.5 million last year, the sixth annual record in a row, the national statistics office Destatis calculated.

"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

What do you think? Leave your comment below.


Your comments about this article:

16:35 January 2, 2013 by smart2012
Companies are cutting, unemployment rate is increasing, number is distorted by 450 euro jobs. Nothing to be booming of ;) Verkel propaganda
20:26 January 2, 2013 by ChrisRea
@ smart2012

Can you be more precise? How much is the unemployment rate increasing? I suppose you use rigorously collected data.
20:48 January 2, 2013 by smart2012
In q3 and q4 unemployment rate in Germany has been increasing

http://mobile.bloomberg.com/news/2012-08-30/german-unemployment-rises-for-a-fifth-month-amid-crisis.html
23:52 January 2, 2013 by ChrisRea
@ smart2012

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?
01:47 January 3, 2013 by smart2012
Here latest data, impacting q4.

http://www.prweb.com/releases/2012/11/prweb10087183.htm
09:32 January 3, 2013 by ChrisRea
From the document you referrer to: "unemployment rate also increased from a rate in August of 6.8% to 6.9% in both September and October." - indeed, a significant and alarming increase until half of q4. Not enough, however, to pull the yearly average above the figures of last year.
13:52 January 3, 2013 by smart2012
ahhh, now we talk. Unemployment rate in Germany in December 2012 is 6.9% (increased again of 3K units - official data came out today). In Dec 2011 it was 6.4%, and in July 2012 it was 6.6%. This meams that unemployment rate is increasing. This article is showing the "booming" based on an average of a corrected data, but as you can see from real data, unemployment rate is increasing in the last 6 months. Plus if u add 400 Euros jobs and numbers of people not working but subscribed to a temp agency (who are not counted in the unemployement rate), the situation gets even worst. So my original comment -"Companies are cutting, unemployment rate is increasing, number is distorted by 450 euro jobs. Nothing to be booming of ;) Verkel propaganda" - was not as bad.. :-)
14:16 January 5, 2013 by honeybeee
hahaaaa, Smart2012,I get the point , U really despise several hundred euros sort of jobs and temp agency job subscriber , so u dont count those in,but do u know how many population in Asia who just survive through 1 dollar or 1 euro per day , whatever!!!!But in many developing country like China , India just needs job creator enterprise like Continental Ag as well as its biggest shareholder Schaeffler Ag,especially Schaeffler , they creat many job oppotunities in the passed 2012 ,expand their existing factories and R&D centers in many places in Asia as well,so maybe international records will say China is booming more in Asia , but this is only one example of many successful events .The key reason of Europe labor market current maybe is that so many pride people like u just dont take several hundred euros counted in job hunting list and are not willing to do temp jobs as well as take high wage or comfortable working conditions for granted,so that's the reason Asia is booming instead ,but Europe slashing ,so the clever company like Schaeffler as a business model and expand their Asia factories instead of their europe counterparts more !!!!!!
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