S&P 500
7,615.20
-0.09%
Dow Jones
51,320.00
-0.10%
Nasdaq 100
30,651.40
-0.21%
Russell 2000
2,928.58
-0.15%
FTSE 100
10,383.00
-0.05%
Nikkei 225
68,424.20
+1.37%

Investing

Germany Unemployment Maintains Positive Trend In December

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

The one financially strong nation in Europe continues to show some signs it will not fall into recession. Despite modest retail sales in December, the nation’s Federal Statistical Office reported that unemployment figure for the last month of the year were strong.

The positive development in the labour market continued in December 2011. As reported by the Federal Statistical Office (Destatis), the number of persons in employment living in Germany (41.4 million) exceeded the 41 million mark again in December 2011. The number of unemployed was about 2.34 million in December 2011, which was some 420,000 less than in December 2010.  According to provisional results of employment accounts, the number of persons in employment rose by 525,000 or 1.3% in December 2011 on December 2010. Compared with November 2011, the number of persons in employment was down by 166,000 or 0.4% in December 2011, which was due to seasonal effects. Seasonal adjustment, that is, the elimination of the usual seasonal fluctuations, leads to an increase of 47,000 people (+0.1%).

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

The Cities Where Government Employment Is On The Rise

It is easy to believe that every city, county and state government in the country is deeply in debt and…

Douglas A. McIntyre |

Cut The Stimulus Package To Decrease The Deficit

American GDP growth was much better than expected in the second quarter of the year, falling only 1%. Unemployment statistics…

Douglas A. McIntyre |

“Birth/Death” Numbers Show Unemployment Is Not Improving As Assumed

Factor in the birth/death numbers and the count on people who were “unattached” to the work force who became attached…

247sam |

States With the Most Government Employees

ThinkstockAcross the country, millions of people work in the public sector, including teachers, clerks and soldiers. The different levels of…

Douglas A. McIntyre |

Ten Housing Markets Where Prices Rose During The Recession

The average value of a home declined by 25% to 30% from the period from the third quarter of 2005…

Douglas A. McIntyre |

Eight States Where Companies Are Hiring

Companies across the country are hiring more workers, at least if you ask their employees. In 2011, 31% of U.S.…

Douglas A. McIntyre |

Ten States That Added The Most Jobs In The First Half

Ten states added over 25,000 jobs each in the period from January to June 2011. The list was topped by…

Douglas A. McIntyre |

Private Sector Optimism Surges As Government Austerity Rises

The National Association for Business Economics puts out a periodic review of how corporations view their prospects. The data shows…

Mike Sauter |

American Cities Where Wages Are Soaring

ThinkstockThe average wage of a U.S. worker was $1,000 per week in the fourth quarter of 2012, or 4.7% higher…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826