Hope and fear as tourists trickle back to Kashmir town after attack    Spain and Portugal scramble to restore power as officials chase cause of outage    Israel spy chief to step down after row with Netanyahu exposes deepening rifts    Saudi, Omani foreign ministers visit Rub' Al-Khali border crossing    From his own resources... Luminous lessons in leadership and humanity    Commerce Ministry recalls 6,500 Genesis cars due to risk of fire    Royal Institute of Traditional Arts implements Saudi-Chinese cultural exchange program    Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Prince Sultan University launches first bachelor's program in language and media    Putin announces three-day Russian ceasefire in Ukraine from 8 May    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Number of German jobless rises over 4 million in December
Published in Saudi Press Agency on 03 - 01 - 2007


The number of Germans out of work edged over
the 4 million mark in December, with 12,000 more unemployed
than a month earlier, AP REPORTED QUOTING A government data.
although the figures showed a sharp drop when adjusted for
seasonal factors.
The unemployment rate was steady at 9.6 percent compared
with November, and the government pointed out as
«pleasing» the better seasonally adjusted jobless count
compared to a year earlier.
A total 4.008 million Germans were out of work in
December, up from 3.995 million in the previous month, and
rising back over the politically sensitive 4 million mark.
In November, the total fell below that level for the first
time since October 2002, when there were nearly 3.93
million jobless.
In seasonally adjusted terms, the number of people without
a job dropped by 108,000 in December _ 597,000 fewer than
were out of a job in the same month of 2005. Seasonal
adjustments take into account fluctuations such as
increased construction employment in summer.
«The increase in the number of jobless in December 2006
is much lower than usual,» the agency said in a statement.
«Seasonally it is an exceptionally strong decrease.»
The labor agency credited an unusually mild winter and the
overall upturn in the German economy for the lower seasonal
numbers.
Chancellor Angela Merkel described the improvement as
«pleasing,» her spokesman Ulrich Wilhelm said.
«Building on this development, the government will
continue efforts to ensure that this development is lasting
and to achieve a further reduction in unemployment in the
course of 2007,» Wilhelm said.
Helped by a sustained boom in exports and more recently by
increased business investment at home, Germany is emerging
from years of sluggish growth. In the final months of the
last year, the upturn has finally begun to make itself felt
in the labor market.
For the year 2006 on average, 4.487 million Germans were
without jobs, an overall improvement from the previous year
that caused the annual unemployment rate to fall to an
average 10.8 percent from 11.7 percent in 2005.


Clic here to read the story from its source.