German joblessness falls below 5m mark: sources

27th April 2005, Comments 0 comments

27 April 2005, NUREMBERG - Unemployment in Germany has fallen in April by some 210,000 to go below the 5-million mark for the first time since new reform rules swelled the jobless figures, informed sources told Deutsche Presse-Agentur on Wednesday.

27 April 2005

NUREMBERG - Unemployment in Germany has fallen in April by some 210,000 to go below the 5-million mark for the first time since new reform rules swelled the jobless figures, informed sources told Deutsche Presse-Agentur on Wednesday.

The sources, revealing figures a day before the Federal Labour Agency in Nuremberg issues its official April jobless data, predicted the office would report 4.967 million unemployed for the month.

The figure would still be some 523,000 higher than in April of 2004, they noted.

German unemployment shot up by 573,000 in January to reach 5.04 million persons, reflecting the new social and labour reforms under which welfare recipients for the first time were added to the unemployment rolls.

In February, joblessness rose further, to 5.21 million, for a rate of 12.6 percent. But in March, unemployment figures dropped by 41,000 to just under 5.18 million and a rate of 12.5 percent.

DPA

Subject: German news

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