00:00 Unemployment remained stable in Germany in March, at 5.9%,
00:04 stagnating at the same level since December in a context of still-moral conjuncture,
00:08 according to data from the CVS seasonal variations,
00:12 published on Thursday by the Agency for Employment.
00:14 Unemployment increased by 4,000 per month, still in CVS data.
00:19 That's far less than the 7,500 more expected by Faxe.
00:23 In raw data, unemployment declined to 2,769,000,
00:28 dropping by 44,000 per month,
00:30 but increased by 175,500 compared to the same period in 2023.
00:35 The economic slowdown is still felt on the labor market,
00:39 but overall, it continues to hold relatively well,
00:42 said Andrée Hanal, president of the Agency for Employment, in a statement.
00:48 Unemployment is only decreasing due to an increase in the active population
00:51 due to immigration and labor shortages in certain sectors.
00:55 On average, more than 45.6 million people worked in Germany in February,
01:00 14,000 more per month.
01:03 The German economy should only progress by 0.1% this year,
01:06 according to the German Conjuncture Institute,
01:09 which has called on the Berlin coalition
01:13 to agree on a country's recovery policy.
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