Germany's jobless falls in 2010
Source: Agencies |
January 5, 2011, Wednesday
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Print Edition
Print Edition
UNEMPLOYMENT fell in Germany in 2010 as its economy saw a robust recovery, despite a slight increase in the number of jobless for December, the Federal Labor Agency said yesterday.
The agency said that 3.016 million people were unemployed in December, an increase of 85,000 compared with November, and largely attributed to the early onset of freezing temperatures and snow.
That brought the jobless rate to 7.2 percent, up 0.2 percent compared with November.
Although the number of jobless rose above the 3 million mark - breached in October for the first time in two years - the December figure is 260,000, lower than in the same month of 2009.
"Compared with the crisis year of 2009, the number of jobless has dropped," said the agency.
On the year, 3.244 million Germans registered for jobless benefits, 179,000 fewer than in 2009, the agency said.
The agency said that 3.016 million people were unemployed in December, an increase of 85,000 compared with November, and largely attributed to the early onset of freezing temperatures and snow.
That brought the jobless rate to 7.2 percent, up 0.2 percent compared with November.
Although the number of jobless rose above the 3 million mark - breached in October for the first time in two years - the December figure is 260,000, lower than in the same month of 2009.
"Compared with the crisis year of 2009, the number of jobless has dropped," said the agency.
On the year, 3.244 million Germans registered for jobless benefits, 179,000 fewer than in 2009, the agency said.
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