Germany Reports 654,000 Job Vacancies in October

Germany’s Federal Employment Agency reported 3.016 million seasonally adjusted unemployed people in October, while the unemployment rate remained at 6.4%. The agency also recorded approximately 654,000 job vacancies, 31,000 more than a year earlier. The figures point to continuing recruitment needs despite a subdued labour market. Employers may require recruitment services, workforce planning, payroll support and professional training. No specific new HR contract price was disclosed during the period. HPC can connect companies with relevant HR and training providers.