MV - December data: Cautious outlook on the labor market
The Northern Regional Directorate of the Federal Employment Agency will announce the unemployment figures for Mecklenburg-Vorpommern in December on Wednesday (10.00 a.m.). Recently, a seasonal decline in tourism business and a generally weak economy had caused the number of unemployed people in the north-east to rise. In November, 62,400 people were registered as unemployed across the state, 1,900 more than in October. The unemployment rate in November was 7.6 percent.
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The upcoming unemployment figures for Mecklenburg-Vorpommern in December, as released by the Federal Employment Agency's Northern Regional Directorate, might reveal a heavy impact on the labor market due to the seasonal decline and the overall weak economic situation. The Federal Employment Agency plays a crucial role in managing the number of unemployed people in various regions, such as Mecklenburg-Vorpommern. Despite the increase in the number of unemployed individuals in November, reaching 62,400, the department will provide more current data to better understand the dynamics of the labor market in the region.
Source: www.stern.de