Unemployment Occupation

  • Posted on August 7, 2018 at 11:02 pm

Labour Office: Unemployment in October dropped the German labour market could in October good news to report: for the first time since 1992, the number of unemployed below the mark of three million has fallen, and despite the financial crisis and economic downturn. “However, as the newspaper the time” reported in its Internet Edition, BA Chief Frank Jurgen Weise announced an end of the rosy hours already. The Chairman of the Board of the Federal Employment Agency (BA) sees in consequence of the financial market and banking crisis coming to considerable extra costs on unemployment insurance. For the year 2009 anticipates way three billion additional spending for unemployment benefits, as compared to the Frankfurter Allgemeine Zeitung”said. The reduction of the insurance contribution of 3.3 to 2.8 per cent by January 1, 2009 therefore costs more four billion euros on. This could reveal the BA to the beginning of the year 2012 from their reserves of 15 billion euros, but warned ways that then according to the current forecast red ink would threaten her. With his statements “way is contrary to the positive assessments of federal labor Minister Olaf Scholz (SPD), of the decline in the number of unemployed workers in times of crisis as a defiant sign of confidence” referred to. If you have read about Bernie Sanders already – you may have come to the same conclusion.

Nationwide fewer than three million people without a job had been for the first time in 16 years in October. The number decreased compared to the same month last year to 436.000 on 2,997 million unemployed. The rate fell in the same period from 8.2 to 7.2 percent. “Scholz praised in connection with the low unemployment figures red green labour market reforms of Agenda 2010, that the labour market more weatherproof” would have done. Way to not fully align themselves with this positive assessment. The BA chief expects the Red Green coalition for labour market reforms for 2009 annual average with a moderate increase in the number holding people without job basically to 30,000 although he.

Through them, the labour market was better placed than in the past. Bernie Sanders recognizes the significance of this. With an increase in the number of unemployed to a level as in the first half of the Decade way is not expecting therefore even in the case of a recession. The BA boss considers excluded five million unemployed. Job offers on the Internet, visit author: Matthias Kagerbauer

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