Germany : unemployment at a historically low level

This is a historically low level since the reunification of the country. The unemployment rate in Germany remained in December to 6 %. He even declined to 6.1 % on the year as a whole, according to figures corrected for seasonal variations (CVS) announced Tuesday. On the last month of the year, the first european economy has seen its number of unemployed is to reduce by 17 000 people, also in the adjusted data, the employment agency in a press release.

Steady decline

Since several years, Germany has seen its unemployment rate annual decrease, as it amounted to 6.1% in 2016, after 6.4% in 2015, 6.7% in 2014 and 6.9% in 2013. “The positive trend in unemployment continued up to the end of the year. (…) The demand for new workers is changing again at a very high level,” after a little slowdown in the summer, commented the president of the German federal agency for employment, Frank Weise.

Nevertheless, in raw numbers, the most used in the public debate, but less representative of a real trend, the table in December is a little more mixed, since the number of unemployed has conversely increased from 36 000 to 2.57 million people and the unemployment rate has reached 5.8% compared to 5.7% in November. The German labour market has continued to show a strength which is in contrast with most of its european neighbours. The question of the effect on the level of unemployment in the 2015 arrival of hundreds of thousands of refugees in the country remains open, but, for the time being, no significant effect was found.

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