German unemployment unexpectedly increases in September

Record ID: 83479

  • Title: German unemployment unexpectedly increases in September
  • Date: 29th September 2016
  • Summary: NUREMBERG, GERMANY (SEPTEMBER 29, 2016) (REUTERS) VARIOUS EXTERIORS OF FEDERAL LABOUR OFFICE CHAIRMAN OF THE EXECUTIVE BOARD OF THE FEDERAL LABOUR OFFICE FRANK-JUERGEN WEISE ARRIVING FOR NEWS CONFERENCE VARIOUS OF JOURNALISTS (SOUNDBITE) (German) CHAIRMAN OF THE EXECUTIVE BOARD OF THE FEDERAL LABOUR OFFICE, FRANK-JUERGEN WEISE, SAYING: "Overall, the labour market continued to develop well, although the growth in employment did not continue in the last two months. In September 2.608 million people were unemployed, which is 77,000 fewer than in August. The unemployment rate sank to 5.9 per cent. Seasonally adjusted the unemployment rate barely changed." VARIOUS OF WEISE SPEAKING CAMERA (SOUNDBITE) (German) CHAIRMAN OF THE EXECUTIVE BOARD OF THE FEDERAL LABOUR OFFICE, FRANK-JUERGEN WEISE, SAYING: "Regarding both unemployment and underemployment we are seeing the effects of migration ever more clearly. On the one hand the number of unemployed people is increasing in the eight German states most affected by migration. In September the figure was higher than the previous year by 90,000. This growth is more than compensated by a positive development in domestic unemployment figures. Unemployment is lower than the previous year." VARIOUS OF DOCUMENT ILLUSTRATING EMPLOYMENT FIGURES (SOUNDBITE) (German) CHAIRMAN OF THE EXECUTIVE BOARD OF THE FEDERAL LABOUR OFFICE, FRANK-JUERGEN WEISE, SAYING: "Particularly in demand in September were skilled workers in the fields of transport and logistics, employees with technical qualifications, salespeople and skilled health workers." VARIOUS OF NEWS CONFERENCE IN PROGRESS
  • Embargoed: 14th October 2016 11:06
  • Keywords: unemployment labour market Germany September increase
  • Location: NUREMBERG, COLOGNE, MOERFELDEN & POTSDAM, GERMANY
  • City: NUREMBERG, COLOGNE, MOERFELDEN & POTSDAM, GERMANY
  • Country: Germany
  • Topics: Economic Events
  • Reuters ID: LVA00151MCXVX
  • Aspect Ratio: 16:9
  • Story Text: German unemployment rose slightly in September, confounding forecasts, but the jobless rate in Europe's biggest economy remained at a record low, figures from the Federal Labour Office showed on Thursday (September 29).
    "Overall, the labour market continued to develop well, although the growth in employment did not continue in the last two months," the Federal Labour Office's chairman Frank-Juergen Weise told a news conference.
    Fewer people were unemployed in September, but seasonally adjusted the jobless total increased by 1,000 to 2.680 million, the Labour Office said. That compared with a consensus forecast in a Reuters poll for unemployment to fall by 5,000.
    Weise said the effects of an influx of refugees were starting to be felt on the labour market.
    "The number of unemployed people is increasing in the eight German states most affected by migration. In September the figure was higher than the previous year by 90,000," Weise said, but added that the growth in unemployment was "more than compensated" by a positive development in domestic unemployment figures.
    The adjusted unemployment rate for September remained at 6.1 percent, the lowest level since German reunification in 1990.
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