The number of people in work reached an all-time high.
(Photo: dpa)
Berlin The number of people in employment in Germany reached a record high in November. With around 45.9 million, more people were in employment than ever before, as the Federal Statistical Office announced on Tuesday. That was 78,000 or 0.2 percent more than in the previous month.
However, the increase was below the November average of the three pre-crisis years 2017 to 2019 of 93,000. “The number of people in employment reached a new historic high in November as well, after new highs had already been recorded in September and October,” the statisticians explained. Compared to November 2021, the number of employed persons residing in Germany rose by 1.0 percent or 472,000, a similar figure as in the previous month.
According to an initial estimate by the Federal Statistical Office, the number of people in employment rose to a record level on average last year – despite the energy crisis, fears of a recession and high inflation.
It increased by an average of 589,000 or 1.3 percent to around 45.6 million, because service providers such as trade and shops in particular are employing more people again after the corona pandemic has subsided. “That was more than ever since German unification in 1990,” as the Federal Statistical Office announced on Monday. The previous high from 2019 of 45.3 million employed persons was thus exceeded by around 292,000.
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In 2020, the Corona crisis ended the 14-year rise in the number of people in employment, leading to a decline of 362,000, followed by a slight increase of 65,000 in 2021. Experts assume, however, that the peak in employment is likely to be reached soon, as the baby boomers (“baby boomers”) are reaching retirement age.
More: Unemployment cost almost 68 billion euros in 2021