Labor market - Unemployment in Lower Saxony rises slightly in December
Unemployment in Lower Saxony rose again slightly at the end of 2023 - as is usual at the start of winter. A total of 253,710 people were registered as unemployed, 3570 more than in the previous month, as announced by the Regional Directorate of the Federal Employment Agency in Hanover on Wednesday. The rate remained unchanged at 5.7 percent. A year ago, it was 5.5 percent. Compared to the same month last year, the number of unemployed rose by 14,755.
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The unemployment trend in Lower Saxony's labor market extends beyond December, as the total number of unemployed also increased by a substantial 14,755 compared to the same month last year. Businesses and employment agencies in Lower Saxony may need to intensify their efforts to address this issue within the region's labor market.
Source: www.stern.de