35626
German Joblessness Up
World Economy

German Joblessness Up

German authorities say the country’s unemployment rate increased to 6.7% in January from 6.1% in December, but the rise was due to seasonal factors, AP reported. The Federal Labor Agency said Tuesday that 2.92 million people were registered as unemployed last month. That’s an increase of 239,000 compared with December, but was 111,000 lower than last January. Unemployment typically increases when harsh winter weather weighs on activities such as construction. Agency chief Frank-Juergen Weise pointed to a drop in seasonally adjusted unemployment. The seasonally-adjusted jobless rate dipped to 6.2% from 6.3% in December, with 20,000 fewer people out of work.

 

Short URL : http://goo.gl/7q8WWS
  1. http://goo.gl/nONmZM
  • http://goo.gl/W7X80Y
  • http://goo.gl/SDZUis
  • http://goo.gl/Q3d8dj
  • http://goo.gl/q8B4ns

You can also read ...

Romania Economy and Formula 1
According to National Bank of Romania advisor Lucian Croitoru...
Gazans on Edge of Economic Collapse
Across the 140-square-mile territory, Gazans are struggling to...
Philippines, New Zealand and Singapore have achieved greater gender equality in the workplace.
Hiring more women could supercharge Asia’s economies. A report...
Most vulnerable countries include Turkey (high current-account deficit) and nations such as Saudi Arabia that are pegged to the dollar.
Two months ago, when the US benchmark 10-year treasury yield...
French PMI Weakens
French industrial morale weakened slightly in April compared...
Global Cybercrime Generating $1.5t in Illicit Profits
New criminality platforms and a booming cybercrime economy...
The government is working on the culture of workaholism and is considering legislation that would cap the total amount  of overtime a worker could do at 100 hours a month.
All is not well in the Land of the Rising Sun. Japan, a...
EC Investigates Apple-Shazam Deal
Apple’s $400 million acquisition of music identification...

Trending

Googleplus