Employment sector - In May, the number of unemployed people decreased by 27,000.
The amount of jobless people in Germany fell by 27,000 from April to May, amounting to a total of 2.723 million. The Federal Employment Agency in Nuremberg claims this figure, which is 179,000 more than the number of unemployed individuals a year ago. The unemployment rate decreased by 0.2% and is currently hovering at 5.8%.
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Despite the decrease in unemployment, there are still numerous unemployed individuals in the German labor market. The improvement in the employment situation hasn't fully addressed the issue of long-term unemployment in Germany.