German Unemployment Change
This indicator reflects general trends in employment and unemployment in Germany. In this country, the unemployed include people in the working age population (i.e. between 16 and 65 years of age and able to work) who are not employed but are actively looking for work. The unemployed do not include people who are working part-time but would like to move to full-time work but are unable to do so for one reason or another. Unemployment is one of the most important indicators of economic health. An increase in the number of unemployed indicates a recession in the labor market, a decline in related indicators of the state of the economy and an increase in social deprivation in the country; it is a leading indicator of household spending and is considered an unfavorable factor in assessing the economy. In addition, the indicator of the change in the number of unemployed indirectly affects such an important measure as the country's gross domestic product.
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