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Macroeconomics  |  August 30, 2012 11:57:00

Germany's unemployment rate remained unchanged in August

The number of unemployed persons after seasonal in August increased by 9,000 and the unemployment rate is expected Germany stagnated at 6.8%, said the Federal Employment Agency. At the current level remained continuously since December 2011. According to seasonally adjusted data, the number of persons unemployed increased by 29,000 to 2.905 million and declined by 40,000. To the west of Germany, the unemployment rate was at 6.0%, while in the east to 10.3%. According to the Employment Agency indicators are worse because of the faltering economy.

The number of people receiving unemployment benefits in August fell by 29,000 to 4.420 million and decreased by 167 thousand. Although the demand for labor weakened slightly, it still remains at a high level. The total supply of jobs, without seasonal adjustment, amounted to 493,000 and by 4000 was lower than last year.BA work index adjusted for seasonal factors rose by 2 points to 164 points, mom, and fell by 7 points.

Employment and social security contributions in Germany continuously increase from March 2010. Podle July IP, seasonally adjusted number of employed persons by 23,000 to 41.620 million, which was a new highest level since the reunification of Germany. Compared indicator jumped to 461,000.

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