Increase unemployment to 6.4% in January in Germany

An unemployment increase occurred in January to 6.4% from 6% last December, recording a decade record in Germany. However, fears were not verified, as the number of unemployed was below 3 million. According to the Federal Employment Service, 2,993 million people, by 186,000 more than previous month and by 187,000 more than January 2024, were out of work in January. The number of unemployed is the highest for Germany since February 2015, when it had reached 3,017 million. According to the service, the sharp increase in unemployment in January is partly attributed to the end of many employment contracts at the end of the year, and many jobs are lost due to weather conditions. However, not only these causes are, the head of the service Andrea Nales said. “Economic weakness leaves more and more profound signs,” he said and said that demand for work is being diminished. In January 632,000 blank […]
Source: News Beast

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