Labor market - Regional Directorate publishes labor market figures for June
The Regional Directorate of the Federal Employment Agency in Southwest Germany announces today (9.55 am) the labor market data for June. According to experts' estimates, the number of unemployed people is likely to remain the same as in the previous month. In May, there were approximately 262,466 unemployed people reported - and that's 2,301 or 0.9% fewer than in April. The unemployment rate was 4.1%.
However, the unemployment rate in June, according to the estimate, is expected to be above the previous year's levels. In June 2023, the unemployment rate was 3.8%. At that time, there were 238,477 people in Baden-Württemberg without employment. The reference date for the current figures was the 13th of June.
- The upcoming statistics from the Federal Employment Agency's Regional Directorate in Stuttgart, Baden-Württemberg's capital, will provide insight into the labor market situation in Southwest Germany during the spring season.
- Despite the anticipated increase in the unemployment rate in June compared to last year, the Regional Directorate in Stuttgart reported a decrease in the number of unemployed people in May, with a rate of 4.1%.
- Analysts at the Federal Employment Agency's Regional Directorate in Stuttgart have predicted that the unemployment rate in June will surpass the rate recorded in June 2023, when the rate was at 3.8% in the Southwest regional labor market.
- The Regional Directorate of the Federal Employment Agency in Stuttgart will release the official labor market data for June 2024 at a later date, providing concrete figures for the unemployment rate and number of unemployed people in the Southwest's labor market.
