29 Nov 2018 | Press Release No. 33
"The news from the labour market is favourable this month, too: unemployment and underemployment continue to decline, employment subject to social security insurance contributions is on the rise again and the labour demand of companies is at a very high level," said Detlef Scheele, Chairman of the Board of Directors at the German Federal Employment Agency (BA), today, at the monthly press conference in Nuremberg.
Unemployment rate in November:
- 18,000 down to 2,186,000
Unemployment figures compared to the previous year:
The unemployment rate compared to the previous month:
- 0.1 present points to 4.8 present
Unemployment, Underemployment and Inactivity
The number of unemployed decreased by 18,000 to 2,186,000 from October to November. Adjusted for the seasonal influences, a decrease of 16,000 is calculated for November, compared to the previous month. Compared to the previous year, 182,000 fewer people were registered as unemployed.
Under-employment, which also includes people in various programmes under labour market-relieving measures and those with short-term inability to work, fell by 18,000 in seasonally adjusted terms, compared with the previous month. Overall, in November 2018 the number of underemployed was 3,135,000 persons. That was 224,000 less than a year ago.
Inactivity, determined by the Federal Statistical Office according to the ILO acquisition concept, amounted to 1.41 million and the inactivity rate amounted to 3.2 present in October.
Gainful employment and employment subject to social security insurance contributions
Employment and employment subject to social security insurance contributions continued to be on the rise. According to the Federal Statistical Office, the number of employed persons (in accordance with the domestic concept) rose by a seasonally adjusted 37,000 in October, compared with the previous month. With 45.24 million persons, it was 559,000 higher than in the previous year. The increase is largely due to the growth in employment subject to social security insurance contributions. This number increased by 675,000 compared to last year. Overall, in July, according to extrapolated data by the BA, 33.41 million people were employed in positions subject to social security insurance contributions. Seasonally adjusted, from August to September, this means an increase by 19,000.
The demand for labour has remained at its high level. In November, there were 807,000 jobs were registered at the BA, 35,000 more than a year ago. Seasonally adjusted, the number of jobs registered with the BA decreased by 1,000. The job index of the BA (BA-X) - an indicator of the demand for labour in Germany - stood unchanged at 252 points, in November 2018. The previous year's value is exceeded by 3 points.
Cash Payment Benefits
A total of 672,000 people received unemployment benefits in November 2018, 4,000 less than a year ago. The number of employable persons eligible for unemployment benefit within the framework of the Basic Insurance for Employment Seekers (SGB II) was 4,006,000 in November. Compared to November 2017 this was a decrease of 262,000 persons. 7.4 per cent of the working-age persons living in Germany were, therefore, in need of help.