Arab Today, arab today jobless rate declines in germany
Last Updated : GMT 22:25:29
Arab Today, arab today
Arab Today, arab today

Jobless rate declines in Germany

Arab Today, arab today

Arab Today, arab today Jobless rate declines in Germany

Berlin - AFP

Unemployment in Germany dropped slightly in September, official data showed on Thursday, but the Federal Labour Agency warned a looming downturn in Europe’s top economy would pound the job market. In raw or unadjusted terms, headline unemployment sank, with the total number of people out of work down by 117,000 in September from August to stand at 2.79 million, the Labour Agency said. The unadjusted jobless rate fell to 6.5 per cent, down 0.3 points. One year ago, the rate was 6.6 per cent. The Agency noted that a decline in unemployment was typical in September, as companies take on workers again after the summer holiday break. But it said that the upswing had been “somewhat weaker than in past years”. The seasonally adjusted rate held steady at 6.8 per cent, with 9,000 more people looking for work than in August. Economists polled by Dow Jones Newswires had predicted a steeper increase of 10,000 jobless. “It is to be expected that the German economy will cool down in the second half of 2012, also as a result of the European debt crisis,” the agency said. That will have an impact on the labour market, which nevertheless has shown itself to be robust until now.” As major companies such as carmaker Opel announced short-time work schemes to cope with slumping demand, the Agency said that 3.75 million people in Germany were under-employed - 174,000 fewer than one year ago. A senior economist at ING Belgium, Carsten Brzeski, noted that the number of unemployed had hit the lowest level since November 2011, good news for Chancellor Angela Merkel who is widely expected to win re-election next year. He said the strong labour market was in a virtuous circle with the economy, but perhaps not for long. “Low unemployment, record high employment and wage increases supported private consumption and helped cushion the industrial slowdown,” he said. “Looking ahead, however, it is doubtful whether private consumption can really take over the baton as the main growth driver for the German economy. The labour market is, slowly but surely, losing steam and all forward-looking indicators also don’t bode well.”

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today jobless rate declines in germany Arab Today, arab today jobless rate declines in germany

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday