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 economic situation in Mecklenburg-Vorpommern has been harsh, with the heavy tourism industry decline and a weak economy leading to an increase in the number of unemployed individuals. As the Regional Directorate of the Federal Employment Agency in Mecklenburg-Vorpommern prepares to release the December unemployment figures on Wednesday, the number of unemployed people in November was reportedly 62,400, marking a slight increase from October's count of 60,500.
Source: www.stern.de