In May, the unemployment rate dropped to 5.6%, the Federal Agency for Labor. In Germany, the number of unemployed. In May, 2,498 million able-bodied residents of the country were unemployed in Germany, this is the lowest figure for the last 26 years, reported on Wednesday, May 31, the Federal Agency for Labor. In percentage terms, the unemployment rate for the last month decreased by 0.2 percentage points, to 5.6%. Compared with April, the number of unemployed in the country decreased by 71 thousand people, and compared to the same period of the previous year - by 166 thousand. "Against the backdrop of positive economic conditions, the labor market also demonstrates positive dynamics," said Detlef Shele, head of the Federal Agency for Labor,. Taking into account seasonal fluctuations, the number of unemployed in May was 2.536 million people - 9000 less than in April.
In the West of Germany, the number of people registered in the labor market decreased by 5,000, in the east by 4,000. According to the latest data from the Federal Labor Agency, excluding seasonal fluctuations in April, the number of employed in the country rose to 43.98 million, which is 652 thousand more than a year ago. Recall, the German government has allocated land and municipal authorities in 2016, 9.3 billion euros for expenses related to refugees.
Original article: Germany registered the lowest unemployment rate in 26 years.