Seasonal rise in unemployment in December
"With the start of the winter break, unemployment and underemployment increased in December, as is usual in this month," said BA head Andrea Nahles about the latest figures. The authority also took stock of 2023 as a whole, adding that the weak economy had "not left the labor market unscathed". Measured against the extent of the burdens and uncertainties, however, the German labor market is holding up well.
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- In the context of the seasonal increase in unemployment in December, Andrea Nahles, the head of the Federal Employment Agency in Germany, acknowledged an upward trend in both unemployment and underemployment.
- Despite the challenges and uncertainties faced by the German economy, Andrea Nahles highlighted that the labor market had managed to maintain its resilience, even during this time of increased unemployment.
- The authority, led by Andrea Nahles, reported that the weak economy had impacted the labor market but noted that it had not been completely devastated, as unemployment levels were still manageable in December.
- Andrea Nahles discussed the latest unemployment figures, which rose in December, as is typically the case during this period, and emphasized the need for the Federal Employment Agency to prepare for potential increases in job seekers during the winter break.
- With the start of the annual Christmas festivities and winter break coming up, the Federal Employment Agency in Nuremberg, under the leadership of Andrea Nahles, was bracing itself for an increase in unemployment cases in Germany, as it had observed in December of previous years.
Source: www.stern.de
