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Favorable labor market: The number of unemployed fell more sharply in October than expected

Favorable labor market: The number of unemployed fell more sharply in October than expected

The BA said that the number of unemployed people had fallen by around 15,000. Compared with the previous year, unemployment fell by 0.1 percentage points to 4.8%. The number of unemployed people fell by 53,000 last year. This month, the news from the job market are positive, said the BA CEO Detlef Scheele.

“The unemployment rate and the number of underemployed people continue to decline, the jobs subject to social security contributions are rising again and the demand of the economy for work is at a very high level.” The number of unemployed fell by 16,000 in the seasonally adjusted period compared to the same month last year. The economist interviewed by Dow Jones Newsswires had expected only a loss of 10,000 people.

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Compared to the previous year, 182,000 fewer people were registered as unemployed in the month of November. In the revised figures, seasonal unemployment fell by 12,000 in the month of September compared to the previous year’s figure of around 1,000. For example, the seasonally adjusted unemployment rate dropped to 5.0 percentage points in December and was thus above the forecasts of the economy.

According to estimates by the Federal Statistical Office (Destatis), slightly more than 45.1 million people living in Germany were employed more than ever before in September. Compared to the Monthly Report 2017, the number of employees increased by 1.2 percentage points, an increase of 556,000 people.

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You should think about whether you can afford to bear the big risk of loss. At only 100.00, you can benefit from the effect of about 3000 USD equity. 8. 6% of private investor accounts are lost through trading CFDs with this provider. You should think about whether you can afford to bear the big risk of loss.