Unemployed in June: Federal Agency reports 2,853 million unemployed in June

0
10


The number of unemployed continues to rise as a result of the corona pandemic. In June, 2,853 million people were out of a job, 40,000 more than in May – and 637,000 more than a year ago. This was announced by the Federal Employment Agency in Nuremberg.
The unemployment rate rose by 0.1 percentage points to 6.2 percent. Typically, the number of unemployed in June decreases seasonally at the end of the spring recovery.

After all, the rise in unemployment has slowed down somewhat: in May the number of unemployed rose by 169,000 compared to April. The head of the Federal Employment Agency, Detlef Scheele, had most recently expected an increase to more than three million in the summer – that would be a peak in ten years. In view of the current figures, he says: “We are currently assuming that this summer we will not exceed the three million, but will see them just below.”

Overall, the unemployment figures only provide an inaccurate picture of the employment situation in Germany. All those who are in training are not included. A look at underemployment, which also includes these people, provides a more precise picture.

The number of Hartz IV recipients is also increasing

According to the Federal Agency, the number of underemployed rose to 3.604 million in June – seasonally adjusted underemployment is 439,000 or 14 percent higher than in June 2019. There were already 3.573 million underemployed in the past month.

The number of short-time workers is not included in both figures. In April, the highest level ever reached in the Federal Republic was reached, as the Federal Agency now announced. According to this, 6.83 million people were on short-time work in April, after 2.49 million, which were measured in March.

In total, companies have now registered short-time work for more than twelve million people in the corona crisis. In addition to the 11.8 million in March, April and May, advertisements for 342,000 people were added in June. Experience has shown that short-time working is not carried out in all of the displayed cases. The Federal Agency bills the companies with a delay of three months.

“The labor market is still under pressure due to the corona crisis,” said CEO Scheele. “However, the massive use of short-time work stabilizes the labor market.”

The number of Hartz IV recipients in Germany also rose in the corona crisis. The number was 4.076 million in June, 152,000 more than in June 2019. According to the Federal Agency, 7.5 percent of working-age people needed help in June.
Icon: The mirror



Source link
https://www.spiegel.de/wirtschaft/soziales/arbeitslose-im-juni-bundesagentur-meldet-2-853-millionen-arbeitslose-im-juni-a-7c0bda95-57fb-473d-b7ce-e1e9c20e8e38

LEAVE A REPLY

Please enter your comment!
Please enter your name here