Regardless of the initial economic effects of the Ukraine war, unemployment in Germany has fallen further thanks to a spring revival.
In March, 2.362 million people were without a job, 66,000 fewer than in February and 465,000 fewer than in March 2021. The unemployment rate fell 0.2 points to 5.1 percent.
"The labor market continues to recover," said Daniel Terzenbach, board member at the federal agency, on Thursday in Nuremberg.
Due to the easing of the Corona policy and the beginning of spring recovery, unemployment is falling and employment is increasing.
"The consequences of the war in Ukraine are currently only occasionally reflected in the labor market data," emphasized the manager of the agency.
"However, the dangers that emanate from a further escalation and, for example, delivery stops for fossil raw materials, are a burden on further economic development," said Terzenbach.
Short-time work in Germany has been largely stable so far.
Between March 1st and 27th, companies applied for short-time work for 113,000 people.
For February, the federal agency reported on ads for around 200,000 people.
Normally, fewer people take advantage of short-time work than they apply for.
Data on short-time work actually used is available from the Federal Agency up to January.
At that time, short-time work benefits were paid for 654,000 employees.
For December 2021, the Federal Agency has so far assumed payments for 614,000 people.