2025-01-04 13:29:08
Economy
Employment
Business

Rising Unemployment Signals Economic Concerns

Germany's unemployment figures are on the rise, with December's total reaching 2.807 million, marking a troubling increase. The unemployment rate has climbed to 6%, prompting warnings of potential job losses, particularly in the industrial sector.

Major corporations are planning significant layoffs, totaling around 30,000 jobs. Despite a slight increase in hiring in some areas, many businesses struggle to fill positions, highlighting the urgent need for reforms in energy costs and bureaucracy.

Experts suggest that the labor market's apparent stability may be deceiving, as economic conditions across Europe remain bleak. As investment needs soar, calls for improved flexibility in work regulations and a focus on skilled labor retention have become increasingly vital to navigate this challenging landscape.

morgenpost
3. Januar 2025 um 13:57

Unemployment figures rise: Economy warns of further job losses

Economy
Politics
The number of unemployed people rose in December to 2.807 million, 170,000 more than a year earlier and 33,000 more than the previous month. The unemployment rate increased by 0.1 percentage points to 6%. DIHK Vice President Achim Dercks and DGB Executive Board member Stefan Körzell warn of further job losses, especially in the industrial sector. 43% of companies cannot fill open positions. Large companies such as Volkswagen, Continental, Schaeffler, ZF, BASF, Thyssenkrupp, SAP and Deutsche Bahn..
rp_online
4. Januar 2025 um 03:50

Unemployment figures in December: More citizens' allowance recipients in the Rhein-Kreis

Economy
Unemployment in the Rhein-Kreis has risen; 14,976 unemployed, 10% more than the previous year; 9,529 citizens' allowance recipients, 7.7% more than the previous year; Participation in labor market policy measures has decreased.
gmx
4. Januar 2025 um 09:58

Euskirchen District: The Labor Market Does Not Yet Feel the Onset of Winter

Economy
Politics
Euskirchen District: Unemployment figures in December declined slightly, but are 1.7% above the previous year. Despite a decline in new hires and short-time work, the labor market remains stable. More job starts than in the previous month, but fewer training starters, unemployed after training measures, and after job loss and training. Decline in vacancies compared to the previous year, but the Employment Agency promotes vocational and further training.
focus
4. Januar 2025 um 09:16

Market commentary by Deka chief economist Ulrich Kater - The labor market in Germany is worse than it appears - for two reasons

Economy
Finance
The labor market in Germany is showing a gloomy picture: The number of unemployed is approaching the corona high; the peak in employment should be viewed with caution, as it is relativized by a strong increase in part-time employment; job creation is taking place mainly in the public sector.
CW

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