German Unemployment Remains Above 3 Million
The Federal Employment Agency reported a weak spring recovery for the German labor market. Germany has had more than 3 million unemployed individuals since January. In March, the number of unemployed people reached 3,021,000 with an unemployment rate of 6.4 percent. It remains uncertain if the number of unemployed individuals fell below 3 million in April as hoped by the federal government. The current economic crisis may weaken the impact of any potential decrease. There is uncertainty regarding whether the figure will fall below the government's target of 3 million in April due to the current economic crisis. Experts anticipate only a very weak seasonal spring recovery in the labor market this month.
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Sources · 7 independent
hr-iNFO
“Seit Januar gibt es in Deutschland mehr als 3 Millionen Arbeitslose. Im März waren es 3 Millionen 21.000 bei einer Quote von 6,4%.”
SWR Aktuell
“Seit Januar gibt es in Deutschland mehr als 3 Millionen Arbeitslose. Im März waren es 3 Millionen 21.000. Unsicher, ob die Arbeitslosenzahl im April wie von der Bundesregierung erhofft auf unter 3 Millionen gefallen.”
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