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- The number of unemployed in Germany remained almost unchanged in July
The number of unemployed in Germany remained almost unchanged in July
Federal Statistical Office said, from the beginning of the summer break, unemployment rose by 59,000 to 2,275,000 from June to July. Adjusted for the seasonal influences, a slight increase of 1,000 is calculated for July compared to the previous month. In the area of unemployment insurance, the seasonally adjusted rise in the wake of the economic downturn is more pronounced. Compared to the previous year, 49,000 fewer people were registered as unemployed. The unemployment rate increases by 0.1 percentage points to 5.0 percent. Compared to July of last year, it has decreased by 0.1 percentage points. The unemployment rate calculated by the Federal Statistical Office according to the ILO employment concept was 3.1 percent in June.
Underemployment, which also includes changes in labor market policies and short-term disability, has not changed seasonally adjusted since the previous month. Overall, under-employment in July 2019 was 3,201,000. That was 48,000 less than a year ago.
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