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German jobless figures down again

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German jobless figures down again
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Germany’s unemployment rate improved again in June with the figure that is not adjusted for season factors falling to 8.8% of the working population from 9.1% last month. The head of the Federal Labour Agency, Frank-Juergen Wiese, said the demand for workers continues to grow. He added: “The figures in Germany are better than the European average. The positive development of our economy and employment are having an impact on our European neighbours too.”

The seasonally unadjusted totals – which are the headline figure most commonly used in Germany – have fallen from 4.2 million jobless at the start of the year to 3.7 million this month.

Economists warned that there could be soon be shortages particularly of skilled workers. Some companies are already complaining of that and Raimund Becker an executive with the Labour Agency said: “That means that businesses have to change their employment practices. They have to take on more older people and more women, which means employers have to respond more to the needs of female workers in terms of compatibility of child care needs and work.”

The jobs figures were better than economists had predicted for this month as healthier exports and improved domestic spending in Germany, along with an upturn in the euro zone’s economy have led businesses to recruit more workers.

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