An answer to the question of whether the economic increase is a flash in the pan or a trend reversal appears to have been found. A news report on NTV yesterday also said that Germany's exports are increasing again. This of course has an impact on the labor market in Germany - requests for personnel are also increasing locally and are increasing significantly at the ISE employment agencies.
Upswing in the labor market
Various sources report an upswing in the labor market. At the South German newspaper for example it can be read that:
“Applicants’ chances on the job market are increasing. In view of the increasing demand for products “Made in Germany”, employers in Germany are increasingly looking for new employees. The number of vacancies increased by ten percent in the second quarter, as the research institute of the Federal Employment Agency (IAB) announced on Thursday.” (Source: Süddeutsche Zeitung)
Germany is not doing badly internationally
Of course, after the crisis is not yet before the crisis. Not in the Upper Palatinate, not in Bavaria and not in Germany, but also in a European comparison, Germany is ahead…
“Spain's labor market is the worst in Europe
Austria, the Netherlands and Germany with the best development” (Source: FAZ)
is the title HE DOES.
Upper Palatinate – fewer unemployed than before the crisis
If that wasn't positive news for the job market in Amberg, Sulzbach-Rosenberg and the entire district. “Further recovery in the labor market – Unemployment in the Schwandorf employment agency district is lower than before the economic and financial crisis.” (Source: Mittelbayerische Zeitung; go to Article) It remains to be hoped that important location decisions will be made Pursue in favor of the Upper Palatinate. Otherwise things could quickly go downhill again. …
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For those particularly interested, you can find it here Economic report for the month of July 2010 for Bavaria, written by the IFO Institute for Economic Research at the University of Munich.