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Experts anticipate a slight increase in unemployment

The logo of the Federal Employment Agency lights up..aussiedlerbote.de
The logo of the Federal Employment Agency lights up..aussiedlerbote.de

Experts anticipate a slight increase in unemployment

The Employment Agency will publish the figures on the labor market in Schleswig-Holstein in November on Thursday (10.00 a.m.). Experts expect a slight increase in unemployment in the north compared to both the previous month of October and the same month last year. In October, 86,000 people were registered as unemployed in the state. Although this was 800 fewer than in September, it was 4600 more than in October 2022. The unemployment rate in October was 5.4 percent, the same as in September.

The publication of employment statistics by the Employment Agency will reveal further details about the labor market in Schleswig-Holstein. Despite the anticipated slight increase in unemployment in the region, companies in the area continue to seek qualified workers, highlighting the complexity of the current labor market conditions.

Source: www.dpa.com

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