(IN BRIEF) In November 2023, approximately 46.1 million persons residing in Germany were employed, marking a slight increase in employment. According to provisional calculations from the Federal Statistical Office (Destatis), the seasonally adjusted number of persons in employment rose by 19,000 (0.0%) compared to the previous month, following a similar increase in October 2023. However, when not seasonally adjusted, employment in November 2023 increased by 38,000 (0.1%) compared to October 2023, reaching a new all-time high. Compared to November 2022, the number of persons in employment increased by 0.4%, or 206,000 individuals.
(PRESS RELEASE) WIESBADEN, January 3, 2024 — /EuropaWire/ — As of November 2023, around 46. 1 million people living in Germany were hired. According to provisional calculations by the Federal Statistical Office (Destatis), the seasonally adjusted number of people in Germany, employment increased to 19,000 (0. 0%) compared to last month. A similar increase was recorded in October 2023, when the number of other people hired increased to 18,000 month-on-month, after 3 consecutive declines. Overall, however, the seasonally adjusted employment point has declined by another 2,000 people since June 2023.
On a seasonally adjusted basis, the number of people hired in November 2023 increased to 38,000 (-0. 1%) compared to October 2023. This monthly increase is lower than in November 2022 (41,000 more people). However, this increase means that the number of other employed people also reached a new all-time high in November 2023, after surpassing the 46 million mark for the first time in October.
A slower year-over-year upward trend
Compared to November 2022, the number of people employed in November 2023 increased by 0. 4%, or 206,000. The one-year update rate amounted to 0. 5% in September and October 2023, following 1. 0% at the beginning of the year. Compared to last year, the long-term uptrend in the hard work market continued at a slower pace.
Adjusted unemployment rate at 3.1% in November 2023
According to the Labour Force Survey effects, 1. 35 million people were unemployed in November 2023, representing an increase of 27,000, or 2. 1%, as of November 2022. Compared to the same month last year, the unemployment rate remained unchanged at 3. 0%.
Adjusted for seasonal and abnormal effects, the number of unemployed stood at 1. 36 million in November 2023, an increase of 5,000 compared to October 2023. Compared to last month, the adjusted unemployment rate remained unchanged at 3. 1%.
More information:
A table containing the monthly effects on the number of other persons employed (unadjusted and seasonally adjusted values) of the employment accounts is presented on the employment page of the online website of the Federal Statistical Office. On this page you will also find tables containing the effects of unemployment from the Labour Force Survey, adding the unemployment rate. Detailed knowledge and extensive time series can be obtained in the GENESIS-Online knowledge base. Data on persons hired in employment accounts can be found in tables 13321-0001 (months), 13321-0002 (quarters) and 81000-0011 (years). Monthly data on hired and non-hired persons from the Labour Force Survey can be found in Tables 13231-0001 via 13231-0003.
The effects on the labour market can also be found in Dashboard Germany in www. dashboard-deutschland. de (German only). This knowledge portal of the Federal Statistical Office gathers up-to-date data from official statistics manufacturers and other knowledge providers on topics in economics, finance, fitness and mobility. The portal also includes the interactive tool Economic Pulse Monitor (German only) for real-time economic monitoring.
Special webpage on skilled labour:
A special webpage of the Federal Statistical Office combines facts and figures on the subject of skilled labour (www.destatis.de/fachkraefte) (only in German). It provides data on demography, employment, economic activity, education and immigration. The information offered ranges from projections of the future size of the labour force to analyses of the labour supply and data on labour migration and the vocational training market. New information is added continually.
SOURCE: Destatis
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