Job market - Unemployment count shows a minor decrease from April figures.
In May, the amount of jobless citizens in Berlin dropped by approximately 533, landing at 199,760 individuals. This decrease led to a 0.3 percentage point decline in the unemployment rate, which is now 9.4%, based on information shared by the Federal Employment Agency for Berlin and Brandenburg on Tuesday. In contrast, a year ago, the rate stood at 8.9%. The data used for these stats ended on May 15th.
Read also:
The decrease in Berlin's unemployment rate is a notable comparison to the figure from a year ago, which was 8.9%. The latest statistics reveal that the unemployment rate, now at 9.4%, has seen a decline of 0.3 percentage points due to a decrease in the unemployment count. The Federal Employment Agency's data shows that this decline in the labor market led to a reduction of approximately 533 unemployed individuals in May.