READ ALSO: German unemployment rate drops after Covid restrictions relaxedThe August reading is the lowest since March 2020, when unemployment stood at a record-low five percent before coronavirus shutdowns and mass furlough schemes pummelled the economy. “Unemployment and under-employment have fallen sharply again, even though we’re still in the summer holiday period,” said BA head Detlef Scheele. (article continues below) See also on The Local:“Employment growth is gaining momentum.”The agency also revised downwards the unemployment rate for July, from 5.7 percent to 5.6 percent. Experts say the jobs rally has once again exposed a familiar problem in ageing Germany: a lack of skilled workers. In raw figures, the number of people in unemployment now stands at just under 2.58 million.

Source: The Local August 31, 2021 10:30 UTC