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Unemployment jumps among well-educated

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Unemployment jumps among well-educated
Photo: DPA
09:00 CEST+02:00
The current job market has become particularly difficult for well-educated people, with unemployment among high school graduates jumping by 25 percent in the last year, daily Frankfurter Rundschau reported on Monday.

“A good education also doesn't protect from joblessness any longer,” Wilhelm Adamy, head of job market policy at the Confederation of German Trade Unions (DGB) told the paper, citing a new study by the organisation.

According to the study, 15.8 percent of graduates from college-preparatory high schools in former East Germany, and 13.8 percent in the western states are currently jobless.

He said that people with higher education entrance qualifications are at risk of becoming poorer, adding that the number of people from this group who went on Hartz IV unemployment benefits rose by 14 percent in August compared to the previous year.

Meanwhile unemployment rose less dramatically among people with fewer qualifications, he said. German residents with secondary school qualifications saw a rise of 10.8 percent in unemployment, while those with no diploma faced an increase of just 5.5 percent in the same time period.

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