The German labor market faced significant challenges in 2024, reflecting the country’s overall economic difficulties. The seasonally adjusted unemployment rate rose to 6.1% in October, the highest since February 2021. The number of unemployed people reached 2.856 million, an increase of 27 thousand compared to the previous month.
Despite strong labor demand in a number of industries, opportunities for the unemployed to find work are recovering slowly. Industry is expected to continue to cut jobs, while demand for specialists in other sectors remains high.
In 2024, Germany introduced a new unemployment benefit, Bürgergeld, which replaced the former Arbeitslosengeld II. In 2024, the benefit amount was increased to € 563.
Thus, 2024 was a period of significant challenges in the labor market for Germany, driven by both internal economic factors and external challenges. The government and business will have to work together to find solutions to stabilize employment and support unemployed citizens.
Source: http://relocation.com.ua/riven-bezrobittia-v-nimechchyni-zbilshyvsia-do-6-1-u-zhovtni/
