Thursday, November 17, 2011

GERMANY'S EMPLOYMENT GROW UP IN THE THIRD QUARTER

Germany recorded in the third quarter the highest level of employment from the country's reunification in 1990, to reach a figure of 41.2 million workers, representing an improvement of 1.2% or 495,000 employees over the same period 2010, according to the Federal Statistical Office (Destatis).

However, Destatis said the increase between July and September is less than 1.3% in the second quarter and 1.4% of the first three months of the year.

In the third quarter, virtually all economic sectors experienced an increase in employment, being the most significant increase recorded in the business services sector (189,000 people), followed by services trade, transport and accommodation (138 000 people ), while 33,000 construction jobs were created.

By contrast, public services, education and health showed a decline of 10,000 jobs over the previous year, largely due to the impact of changes in military service.
Germany achieved in the third quarter, the best figure since reunification employment.

Jon

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