Job Market Monitor
Germany
Germany in April – Unemployment falls for a fifth consecutive month
German unemployment fell for a fifth consecutive month in April, Labor Office data showed on Wednesday, underlining the resilience of the job market in Europe’s largest economy and boding well for domestic demand. The number of people out of work decreased by 25,000 in seasonally adjusted terms to 2.872 million. That compared with a Reuters … Continue reading
Germany – A programme targeting 18 to 35 year olds young unemployed is shut
Germany said on Monday it would no longer accept applications for a programme to attract young Europeans to its job market due to overwhelming demand from crisis-ravaged countries. The labour ministry said it had been flooded with interest from job-seekers particularly from struggling Spain and Hungary for the scheme offering subsidized job training, apprenticeships and work in … Continue reading
Can Germay’s Dual System work in Canada ?
Last month, I was very fortunate to be included in a study tour of the German dual-system of education and training led by Minister Kenney. He invited CFIB and several other provincial, business and union officials to look at Germany’s successes in vocational training and to determine if there are any lessons for Canada. To … Continue reading
Germany – The number of jobless remained above 3 million
Unemployment in Germany fell in March, according to the latest figures from the Federal Employment Agency (BA), but the number of jobless remained above 3 million. The positive trend, albeit a slight one, left overall unemployment in Germany at 7.1 percent, one of the lowest in the 18-nation eurozone. Compared to one month ago, some … Continue reading
Germany – Introducing a national minimum wage
Germany‘s coalition government agreed Wednesday to introduce a national minimum wage of 8.5 euros (11.72 dollars) an hour from January next year, despite strong opposition from the business sector. Legislation for the minimum is expected to be passed by parliament by July. “It will represent more social justice in our country,” said Labour Minister Andrea … Continue reading
Germany / Unemployment rate down at 5%
Germany’s unemployment rate declined in January, figures published by the Federal Statistical Office revealed Thursday. The seasonally adjusted ILO unemployment rate dropped to 5 percent in January from 5.1 percent in December. In January last year, the jobless rate was 5.4 percent. The number of unemployed persons in Europe’s largest economy decreased to around 2.14 … Continue reading
Immigration in Germany / A reform package to update the 2005 law
As Germany concluded its six-month European Union (EU) presidency in June, Germany’s federal policymakers passed a reform package to update the 2005 law on migration and integration. These reforms are an important indicator of the federal government’s newfound responsibility to the immigrants who live in Germany. But the government is using means other than policy … Continue reading
Germany / Unemployment falls to one-year low
Germany’s unemployment eased sharply in January to the lowest level in nearly a year, helped by the improving economic outlook and in part by favorable weather conditions, underpinning hopes that the recovery will gather pace in the first quarter on the back of strong private consumption. Data released by the Labor Ministry on Thursday showed … Continue reading
Airbus / To cut 5,291 jobs in Germany
Airbus Group (AIR.PA) has told its unions it will shed the equivalent of 5,291 jobs as part of a restructuring of its defense and space activities, with the axe falling most heavily in Germany, a union source said on Monday Continue reading
Deutsche Bahn / Hiring 10,000 new workers each year until 2020
German rail operator Deutsche Bahn spent years cutting jobs to save costs. As thousands of employees head into retirement, the company now must recruit more help, hiring 10,000 new workers each year until 2020. In August 2013, the Mainz central train station came to a virtual standstill every evening as dispatchers were either on vacation … Continue reading
Germany / Employment hits new annual record
In 2013, more Germans had jobs than ever before in the country’s post-war history. But after seven consecutive years of improving employment figures, the jobs boom has begun to decelerate. Last year, an average of 41.8 million Germans out of a population of about 82 million was employed, according to figures released by the German … Continue reading
Green Subsidies in Germany / EU regulators launch in-depth probe
The European Commission said on Wednesday it would open a full investigation into Germany’s management of green subsidies, a decision that could lead to higher costs for industry and unsettle investors in renewable energy. Around 2,000 German heavy energy users, including chemical and steel firms such as BASF and ThyssenKrupp , have been exempt from … Continue reading
Germany / Unemployment edges up to 2.5 year high
Germany’s unemployment rate climbed in November for the fourth consecutive month, hitting its highest level since April 2011. Data from Germany’s Federal Labour Agency showed that, on a seasonally adjusted basis, 10,000 more people were out of work in November than in October. Federal Labour Agency Chairman Frank J. Way said that the key reason … Continue reading
Immigrants in Germany / 555,000 more than last year came in the first six months of this year
German unemployment is lower and economic growth more robust than in most other EU member states, making it an attractive destination despite regulatory hurdles involved in moving and the language barrier. Continue reading
(Update) RWE / Would cut 3,400 jobs
RWE , Germany’s No.2 utility, will be cutting some 2,500 jobs in its power generating business in Germany over the next few years, a source familiar with the plans said on Wednesday. In a bid to cope with tepid energy demand in Europe as well as loss-making power plants, RWE would also cut jobs in … Continue reading
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