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Unemployment Rate Falls To 3.6 Million
Milder winter - stable economy: In February, unemployment fell to 8.6 percent. Overall, still slightly more than 3.6 million people without jobs.
Nuremberg - The number of unemployed in Germany in February fell to 3.617 billion. That was 42,000 fewer people unemployed than in January - compared to the previous year there are around 630,000 even less. The unemployment rate is compared with the previous month by 0.1 points to 8.6 percent. A year ago, she had still at 10.2 percent.
DPA
logo of the Agency for Employment: Higher employment despite wave of dismissals
Frank-Juergen Weise, head of the Federal Employment Agency, called the development good and encouraging: "The demand from companies for labour remains at a very high level."
Under excluding the seasonal effects, the unemployment rate, seasonally adjusted, fell by 75,000, said the Nuremberg authority. The increase in employment surpassing all expectations. Banking Economists had on average a seasonally adjusted decrease of 50,000 is expected.
In West German country in February 2347000 men and women without jobs. That was 36,000 fewer than in January and 451,000 less than a year ago. In East Germany in February, there were 1270000 unemployed. The 6000 were less than in the previous month and 179,000 less than last year. The unemployment rate in the west at 7.0 percent, to the east at 14.8 percent.
Positive data was also in the employment figures for January. The seasonally adjusted number of employed persons residing in Germany is thus increased significantly. In January had 39.95 million people a job. Compared with the previous month were 72,000 more people, gave the Federal Statistics Office in Wiesbaden. The data are based on preliminary calculations.
Intense political debate on dismissal wave
While the unemployment figures continue to fall, make the job cuts are currently several large corporations for an intense political debate. BMW will
8100 staff redundant. Henkel will
3000 bodies removed. And that, although the two companies gushing profits. Siemens
deletes the world at least 3800. The policy gets increasingly view these figures in Rage - and in zugzwang.
The SPD already prescht measures to how the demolition job at Germany's enterprises can reduce the pay of managers with stock options should be limited, calls Rainer Wend, the economic spokesman of the SPD. In addition, should be given to the speculation period for shares to extend
and voting rights for shareholders in the period to forge.
"We need incentives to reduce short-term speculation," said Wend the "Berliner Zeitung". It is a problem that business has more übergingen, only at the next shareholders' meeting to orientate, rather than the medium and long term up.
Unions Group Vice-Michael Champion (CDU) said the "Berliner Zeitung", it is not understandable that the companies have complained shortage of skilled workers, but employees entließen. Long-term thinking if suitably qualified staff. The companies would have their communication strategy. "There is no place where both profits and announced layoffs," said Masters.
ssu / AP / ddp / Reuters
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