Last quote by Frank-Jürgen Weise
Frank-Jürgen Weise quotes
There was less of a spring recovery in May and because of the mild winter the labour market was already in good shape, therefore there was not so much of a pick up.
Unemployment declined again in March. Employment and social security contributions are increasing. The demand for workers continues to rise and is at a high level.
With this new data the tendency of the past months continues. The Labour market is, all in all, in fairly good shape, and we expect stable development also for the coming months.
The economic conditions of the last few months are having little impact on the German labour market, which remains solid.
The weaker economic situation is having a noticeable impact on the (German) labour market. However, the jobs market overall is proving robust and is in good shape.
We also have proof that, despite the economic situation Germany's economy is still growing and that is reflected in the job market, which is moving sideways.
The labour market in February, was robust despite the slowing economy at the end of 2011 and the start of 2012. The demand for workers has eased slightly but it remains at a high level.
The job market has continued to improve despite the international financial risks and irrespective of the turbulence in the stock markets.
The job market's generally good performance continued in August.
Jobs paying into the social security system and overall employment increased considerably and the demand for workers continued to increase.
A year has come to an end which showed quite a bit better development than we could have hoped for twelve months ago. The German economy recovered comparatively well from the biggest downturn in history.
We expect that, because of the various cushion effects like part-time work schemes or the cancellation of extra hours or shorter hours, the job situation might become worse – even if the overall economic situation improves.
The part-time work scheme has helped the labour market so far, but the money isn't there to keep that running for such a long time. So companies that can't make it financially will have to fire workers.
Behind the figures were clear reductions in manufacturing and in short-term contracts. Here, 350,000 jobs have been lost since last year. At the same time employment is growing in the health, social services and education sectors but these were mostly part-time jobs.
The consequences of the crisis on the labour market are still modest. In a way, they are absorbed by short-time work. In any events, the crisis concentrates mainly on some industries, for instance, export industries that suffer from the global slump in demand.
Unemployment is up across the board and there was less demand for workers. Right now, the jobless totals are only being held in check by short-time working.
The figures are still high given the lack of economic stimulus in Germany in the last year. The result of that is a jobless level that is essentially unchanged, it was high in 2003 and it was high again in 2004.