German labour office sees no drastic improvement in 2005 jobless figures
Wednesday, November 3, 2004 11:06:53 AM
afxpress.com
NUERNBERG (AFX) - The German Labour Office does not expect a drastic improvement in the number of jobless next year, because the economy is seen growing by only 1.8 pct, said Heinrich Alt, a member of the Office's board.
Last month, the government said it expects the number of jobless to fall by 25,000 in 2005 compared to the current year, but Alt said today he expects a fall of only 15,000. The unadjusted jobless total was 4,206,556 in October, down 50,108 from September but up 55,302 year-on-year. |
