Unemployment - Hamburg employment agency announces figures for December
The Hamburg Employment Agency will present the labor market data for December 2023 on Wednesday (10:00 a.m.). In November last year, the number of unemployed fell only minimally due to the continuing weak economy. A total of 82,723 Hamburg residents were without a job in November. Although this was 0.1 percent less than in October, it was 11.7 percent more than in November 2022. The unemployment rate remained at 7.6 percent, compared to 6.9 percent a year earlier.
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The Economic situation in Hamburg continues to impact the labor market, as evidenced by the sustained high unemployment rates. Despite the Federal Employment Agency reporting a minor decrease in unemployed individuals in November 2023, the overall unemployment count still stands at 82,723, indicating a challenging employment landscape in the city.
Source: www.stern.de