Half a million more unemployed than a year ago - page 1
The number of unemployed in Germany rose again in May due to the consequences of the Corona crisis compared to April by 169,000 to 2,813 million people. The unemployment rate rose by 0.3 points to 6.1 percent, said the Federal Employment Agency in Nuremberg. Compared to May 2019, the number of unemployed was 577,000 higher.
"The labor market is still under pressure due to the corona pandemic," said BA boss Detlef Scheele. Unemployment and underemployment rose again in May, but not as much as in April. During the month the number of unemployed had grown by over 300,000.
At the same time, the number of employed persons fell in April for the first time in ten years. 44.8 million people living in Germany were employed - that's a decrease of 210,000 or 0.5 percent compared to the same month last year, the Federal Statistical Office in Wiesbaden said. "This means that the number of people in employment declined for the first time since March 2010," as the Federal Statistical Office announced on Wednesday. In the previous month of March there was still a slight growth of 0.2 percent.
Short-time working clearly exceeded the level of the financial and economic crisis of 2008/2009 in March, according to the BA. In the first month of the worsening of the Corona crisis, provisionally extrapolated data showed that short-time work benefits were paid for 2.02 million workers. In the financial crisis, this was around 1.5 million workers.
"The companies' demand for new employees continues to decline, but at least has caught on," Scheele continued. In May, 584,000 jobs were registered with the BA, 208,000 fewer than a year ago.