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Europe Live Wednesday 22nd May 2013

Unemployment down in Germany in 2012

26th March 2012

According to figures published on 22nd March by the IAB (that is part of the German Federal Labour Office) unemployment will decrease in Germany in 2012 for the third year running and the number of new jobs will reach a new record the highest since reunification in 1990. "In 2012 we think that the number of job-seekers will decline by 130,000 people, down to 2.84 million," added the institute that says that the unemployment rate is due to drop to 6.8% against 7.1% in 2011. Last year the number of unemployed dropped by 260,000 people.

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