HomeTop StoriesNumber of unemployed in Germany rises slightly in June

Number of unemployed in Germany rises slightly in June

The number of unemployed people in Germany rose to 2.727 million in June, an increase of around 4,000 from the previous month, data showed on Friday.

The unemployment rate in June remained the same as in May at 5.8%, the Federal Labor Office said.

Compared to a year ago, 172,000 more people were unemployed.

Normally, the number of unemployed decreases in June due to seasonal influences. However, in recent years this trend has been broken due to the Covid-19 pandemic and the admission of Ukrainian war refugees.

However, this year’s increase is almost exclusively due to economic factors.

“Weakness in the labor market continues,” said Andrea Nahles, president of the Federal Labor Office.

“Unemployment and underemployment rose noticeably in June on a seasonally adjusted basis. Companies are still cautious in their search for new workers,” Nahles said.

As a result, the number of registered vacancies continues to decline. In June, the agency registered 701,000 vacancies, about 69,000 fewer than a year earlier.

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