Labor market, record numbers for Germany and Spain – The Republic

MILAN – While in Italy, Istat has launched new concern on the difficult recovery of the labor market, the neighboring economies of Germany and Spain sent in archives a good year for the resumption of employment.

Berlin , the Institute of Statistics Destatis traced employment record and a falling unemployment rate: the German labor market has reached a record high for the eighth consecutive year in 2014. It has taken an average of 42.598 million people in 2014, more 372mila (+ 0.9%) over the previous year. The number of unemployed decreased by 77 thousand persons (-3.5%) over the previous year, to 2.105 million, according to provisional estimates based on the survey on the labor force. The unemployment rate, which was lower than in all other EU member states, was 4.7%, down to 4.9% in 2013.

Calanus requests of subsidies Unemployment in Spain , a faster pace since 1998, according to the instructions of the Ministry of Labour. The unemployment rate fell to 253 627 units, or 5.39% in the past twelve months. In December, jobless claims fell by 64,405 units. Overall, the unemployed totaled 4.45 million, a number that still remains “worrying” for Madrid.

As mentioned, these numbers are compared with a framework in which Italy is very different. Just a few days ago our Institute of Statistics, the monthly note of December, saw the end of the recession to the doors but noted that the unemployment rate “has continued to rise: in October, the seasonally adjusted data showed growth of three-tenths of a point compared to September, reaching the maximum value of 13.2%, significantly higher than the European average (11.5%). The increase in the unemployment rate – we read in the document – is also visible in the data is not seasonally adjusted: there was an increase of five-tenths of a point compared to the same quarter of 2013. “

The trend is however also linked to a positive aspect: it must to the growth of people seeking employment (+5 , 8% increase in the trend) and between them is increased above the share of unemployed looking for their first job (+ 17.6%). Testimonials normally a little ‘confidence that leads at least to look for work. The growth of people looking for work is accompanied however with prolonged periods of unemployment: the incidence of long-term unemployed (share of people looking for work for more than a year) has risen from 56 in the current year, 9% to 62.3%.

Arguments:

Employment

unemployment

Work

Germany

Spain

Italy

economic crisis

Economic Recovery

Starring: