No further interventions in the contribution fund
Employers' President Dr. Rainer Dulger explains the current labour market figures:
No further interventions in the contribution fund
Berlin, June 4, 2024: "The Federal Employment Agency's expenditure is rising even faster than expected. The Federal Government's economic policy is clearly leaving its mark on the labor market.
The number of unemployed rose by 179,000 in May 2024 compared to the same month last year, while the unemployment rate increased by 0.3 percentage points. At the same time, the growth in employment subject to social insurance contributions is slowing. The shortage of skilled workers remains one of the biggest challenges on the labor market.
The reserve cannot be built up again in this way. The Federal Employment Agency is ill-equipped for the next crisis. There must therefore be no further shifts of tasks and interventions in the contribution fund by the federal government as part of the current budget discussions."
