Federal Employment Agency - Regional Directorate presents labor market figures for December
The Bavarian Regional Directorate of the Federal Employment Agency will publish its statistics for December on Wednesday (9.55 am) in Nuremberg. Experts assume that unemployment increased as usual during the winter break at the end of the year.
Recently, the weak economy has also left its mark on the Bavarian labor market. The number of unemployed rose to 254,278 in November, which is unusual for this month. Compared to October, the increase was moderate at 1 percent, but compared to the previous year it was significant at 9.6 percent.
According to a survey by the German Economic Institute, business associations are pessimistic about 2024, with many companies expecting a decline in production or business - which, according to experts, is also likely to have consequences for the labor market.
According to the Nuremberg Institute for Employment Research, the mood on the labor market had improved slightly for the first time in months at the end of the year. Overall, however, the Institute speaks of a subdued development.
Press releases Regional Directorate Labor Market Barometer
Read also:
- A clan member is punished here
- Traffic lawyer warns: Don't talk to the police!
- Will he be convicted as Jutta's murderer after 37 years?
- He also wanted to kill his cousin
The Regional Directorate of the Federal Employment Agency in Bavaria, specifically located in Nuremberg, will be releasing their December labor market figures on Wednesday at 9:55 am. Due to the economic situation, experts predict an increase in unemployment during the winter break.
The weak economic conditions have negatively impacted the labor market in Bavaria, leading to a significant rise in unemployment numbers compared to the previous year. The Federal Employment Agency's report in December will provide more insights into this trend.
Despite the slight improvement in labor market sentiment at the end of the year, as indicated by the Nuremberg Institute for Employment Research, the overall labor market figure in Bavaria is expected to remain subdued, influenced by the current economic climate.
Source: www.stern.de
