Numbers and data analysis. - The Regional Directorate releases data on the May labor market.
The Southwest branch of Germany's Federal Employment Agency is set to release the employment figures for May on Tuesday (9:55 am). Experts speculate that the number of unemployed individuals might have gone down compared to the previous month. In April, the nationwide unemployment count stood at roughly 264,800 people, representing a decline of 529 or 0.2% from March. The jobless rate stayed the same at 4.2%.
Despite this, analysts predict that the unemployment rate in May might exceed last year's figures. Back in May 2023, the unemployment rate stood at a lower 3.7%. The number of unemployed in Baden-Württemberg was approximately 236,900. The specific date for these recent stats is May 15th.
