Germany’s labour market remains ‘robust,’ unemployment falls – Labour Office head

Record ID: 1705017

  • Title: Germany’s labour market remains ‘robust,’ unemployment falls – Labour Office head
  • Date: 3rd January 2023
  • Summary: NUREMBERG, GERMANY (JANUARY 3, 2023) (REUTERS) VARIOUS OF GERMAN LABOUR OFFICE HEAD ANDREA NAHLES ARRIVING FOR NEWS CONFERENCE (SOUNDBITE) (German) GERMAN LABOUR OFFICE HEAD, ANDREA NAHLES, SAYING: “When we look back at the past year with all its challenges and the impact of the war against Ukraine and price increases, I would say it left its marks on the labour market. But in view of the extent of the burdens which a lot of people feel in Germany, however, the impact on the labour market has been moderate." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (German) GERMAN LABOUR OFFICE HEAD, ANDREA NAHLES, SAYING: “The labour market – and this is a message you repeatedly heard from us here in 2022 – remains robust also at the end of the year. Unemployment and underemployment moderately increased in December, as is usual for this month. That is due to the winter break. Growth in employment continues even though it has lost some of its momentum.” NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (German) GERMAN LABOUR OFFICE HEAD, ANDREA NAHLES, SAYING: “Our forecast for 2023 is a continuation of the robust development so that the German labour market will have a stabilising factor on the possible weakening of the economy.” VARIOUS EXTERIORS OF GERMAN LABOUR OFFICE HEADQUARTERS
  • Embargoed: 17th January 2023 10:16
  • Keywords: German labour market employment increase jobs unemployment
  • Location: BERLIN & NUREMBERG, GERMANY
  • City: BERLIN & NUREMBERG, GERMANY
  • Country: Germany
  • Topics: Europe,Economic Events
  • Reuters ID: LVA002005003012023RP1
  • Aspect Ratio: 16:9
  • Story Text: German unemployment fell in December, Labour Office figures showed on Tuesday (January 3), with the labour market overall being only moderately affected by the war in Ukraine last year.
    The Federal Labour Office said the number of people out of work decreased by 13,000 in seasonally adjusted terms to 2.52 million.
    Analysts polled by Reuters had expected that figure to rise by 15,000.
    The seasonally adjusted jobless rate remained stable at 5.5%.
    The trade, traffic and hospitality industry sectors amounted to an increase of 180,000 jobs, according to the figures.
    “When we look back at the past year with all its challenges and the impact of the war against Ukraine and price increases, I would say that left its marks on the labour market. But in view of the extent of the burdens which a lot of people feel in Germany, however, the impact on the labour market has been moderate," said Labour Office head Andrea Nahles.
    (Production: Ayhan Uyanik, Michele Sani)
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2023. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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