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Despite the corona crisis: unemployment in Germany falls in November


Despite the shutdown, the number of unemployed has declined, reports the Federal Employment Agency for November. At the same time, short-time work is increasing. But that might not reflect the full picture of the month.

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Employee in the Volkswagen factory (archive picture)

Photo: Ole Spata / picture alliance / dpa

Fewer unemployed in November, but more short-time work advertisements: This is how the Federal Employment Agency summarizes the labor market data for the past month.

According to this, 2.699 million people were unemployed in November, 61,000 fewer than in October.

Compared to the same month last year, however, there were 519,000 more.

The unemployment rate fell compared to October by 0.1 percentage points to 5.9 percent.

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caw / dpa

Source: spiegel

All business articles on 2020-12-01

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