Balingen labor market: Unemployment sinks, but job offers are disappearing!

Balingen labor market: Unemployment sinks, but job offers are disappearing!

Sigmaringen, Deutschland - The positive development on the labor market slowed down in October. According to the current monthly report of the Balingen Employment Agency, the number of unemployed has dropped by 20 people to a total of 7,470 - a decline of only 0.3 percent. It is particularly striking that 730 of the unemployed are under 25, with unemployment in this age group to be reduced by over 5 percent. In contrast, the number of older unemployed from the age of 50 has increased slightly by 1 percent to 2,830.

The unemployment rate is 4.0 percent in October, while the district of Sigmaringen has a stable quota of 3.6 percent, with 2,780 unemployed people. In the Zollernalb district there are 4,680 people without a job, which corresponds to a decline of 20 compared to the previous month. At the same time, companies report a decline in demand for new workers: 430 new jobs were offered in October - 50 fewer than in September and a total of 17 percent less than in the previous year. Currently around 2,610 positions are still vacant, reports www.suedkurier.de .