In Germany, the number of unemployed has exceeded the brand of 3 million in August, the first since February 2015, a sign of the persistence of the economic sadness that weighs in the labor market, according to the official data published on Friday.
In gross data, 3.03 million people were unemployed in the first European economy, 46,000 more in a month and more than 153,000 for a year, said the Federal Employment Agency. Germany has remarkably lost almost 250,000 industrial jobs since 2019.
The unemployment rate, calculated in corrected data of seasonal variations (CVS), has remained stable with 6.3%.
The last time that one month of August exceeded 3 million unemployed date back to 2010, according to the agency’s archives.
“Not failing”
These raw figures reflect less a substantive trend that they serve as a reference in the public debate: on Friday, the popular Bild newspaper immediately made one online after its publication.
Certain sectors, such as health and public service, “continue to show significant growth in employment”, while “the decrease continues in the manufacturing industry and temporal work,” he said during a press conference.
“Fall of reforms”
These three million unemployed in August are above all “an observation of failure against the refusal of reforms in recent years,” he reacted in a press release that the president of employers (BDA), Rainer Dulger.
For him, Germany needs a real “fall of reforms.” Great bosses recently said they wanted to invest 630 billion euros to relive their economy.
After a slow departure in spring, the coalition government led by conservative chancellor Friedrich Merz is expected to the beginning of the school year on promised reforms, in particular taxes and social, to relaunch the economy at medium mast.
Source: BFM TV
