Germany’s Challenging Labor Market: Unemployment Rises Amid Skilled Worker Shortage

The latest labor market figures paint a troubling picture. In June 2024, unemployment increased by 4,000, reaching 2,727,000 people. This rise is particularly concerning as unemployment typically decreases in June. Seasonally adjusted, the unemployed grew by 19,000 compared to the previous month. Compared to June last year, there are now 172,000 more unemployed people, raising […]

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