Unemployment In Germany Hits Three Year High

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Безработица в Германии выросла до максимума за три года
Безработица в Германии выросла до максимума за три года from

Unemployment in Germany Hits Three-Year High

The number of unemployed people in Germany has risen to its highest level in three years, according to new figures from the Federal Employment Agency.

The number of unemployed people in Germany rose by 14,000 in September to 2.53 million, the highest level since September 2019. The unemployment rate rose from 5.4% in August to 5.6% in September.

The rise in unemployment is being driven by several factors, including the ongoing COVID-19 pandemic and the war in Ukraine. The pandemic has led to widespread job losses in sectors such as hospitality and tourism, while the war in Ukraine has disrupted supply chains and caused energy prices to soar.

The government is taking steps to address the rise in unemployment.

The government has introduced a number of measures to help unemployed people, including extending the period for which they can receive unemployment benefits and providing training and retraining opportunities. The government is also working to support businesses and create new jobs.

Despite the rise in unemployment, the German economy is still growing. The government expects the economy to grow by 1.4% in 2023. However, the war in Ukraine and the ongoing COVID-19 pandemic continue to pose risks to the economy.

Here are some of the key findings from the Federal Employment Agency's report:

Here are some tips for job seekers in Germany:

Here are some resources for job seekers in Germany: