The number of unemployed in Germany fell slightly in February compared to the previous month. According to the Federal Employment Agency, there were 2.989 million – it is 3,000. less than in January. Foot unemployment remained at 6.4 percent month to month. In terms of year to year, the unemployed, however, arrived by as much as 175 thousand.
The crisis is taking its toll
– Economic weakness remains visible on the market work in February – said agency director Daniel Terzenbach. The seasonally leveled number of people without work in February compared to the previous month increased by up to 5,000.
The employment agency is still noting also Increased level of short -term work. According to preliminary data from December 2024, 222 thousand employees received cyclical benefits for short working time. For comparison: during Coronaviru's pandemic, the peak level was temporarily 6 million people.
Less vacancies
The data agency data also shows that The demand for employees was still falling. In February, 639 thousand were registered. free jobs – by 67 thousand less than a year ago.
As positive for German social security system It can be interpreted by a message that the number of employees subject to social security contributions has increased. From November to December, the seasonally corrected growth was 12 thousand. up to 35 million people. It's about 80,000 more than a year ago.
The article comes from the website Deutsche Welle.