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-The labor market in Germany is booming, after which in July there was a record increase in the number of vacancies, according to the Federal Labor Agency in Nuremberg.
The number of jobs rose sharply in July. The BA-X index of this institution, which is the early indicator of employment in the country, rose to 256 points, two points higher than the record recorded in June and 17 points more than in July 2017. [19659002] The unemployment rate in the country rose from 5.1 in May to 5.0 in June, while in April it was 5.3%. The figures for July will be published tomorrow by the Federal Labor Agency
. Economists from several German banks have agreed that after a poor start to the year, the country's economy has once again gained ground. Deutsche Bank, Marc Schattenberg, told the German financial newspaper Handelsblatt that "the German labor market is still in very good condition, private consumption is increasing due to the increase in employment contracts, especially in the public service "
The largest current of opinion among economists is that unemployment will continue to decline in the coming months, despite the current uncertainty factor in the global economy.
The Ifo Institute for Economic Research in Munich released last week its Business Climate Index, which is the most important early indicator on the trends that are generated in the nomads of the country.
Companies have seen a slight improvement in the badessment of their current situation, but expectations for the next six months have become muddy. If this trend is consolidated, it will not go unnoticed in the German labor market.
In the first six months of the current year, the sum of unemployed persons has decreased by 295,000. In the rest of the year, experts estimate that those affected by unemployment will fall again between 100,000 and 150,000.
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] Vacancies. According to official figures, there is an increase in the number of vacancies.
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