Share

Germany's more than a million job vacancies

Berlin - Germany has more than one million job vacancies amid labour shortages in key industry sectors, data released Tuesday showed, in a further sign that Europe's biggest economy is gaining strength.

The number of job vacancies rose by 20 000 to 1.06 million in the final quarter of last year compared with the same period in 2012, the Nuremberg-based Institute for Employment Research (IAB) said.

"The demand for labour at the end of 2013 remained at a high level," said IAB researcher Alexander Kubis.

Job vacancies in the nation's former communist east, which has traditionally had higher rates of unemployment, climbed by 13 400 to 188 000 - its highest level in six years - said the IAB, the research arm of the Federal Labour Office.

There were 6 600 more job vacancies in the western part of the country during the last three months of the year, compared with the same period in 2012.

Vacancies in Germany's manufacturing sector rose by 20%, while vacancies in the construction industry were up by more than 50%, the institute said.

Unemployment in Europe's biggest economy fell for the third consecutive month in February, with gross domestic product (GDP) growth encouraging hiring, data released last week by the labour office showed.

The seasonally adjusted number of people without work declined by 14 000 to 2.914 million in February, after falling by 28 000 the month before. The jobless rate in Germany remained stable at 6.8%, far lower than the 12% average in the eurozone, the labour office data showed.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.01
+1.1%
Rand - Pound
23.79
+0.7%
Rand - Euro
20.40
+0.8%
Rand - Aus dollar
12.40
+0.7%
Rand - Yen
0.12
+1.2%
Platinum
925.50
+1.5%
Palladium
989.50
-1.5%
Gold
2,331.85
+0.7%
Silver
27.41
+0.9%
Brent Crude
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.7%
Industrial 25
102,531
-1.5%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders