Labor market: Record number of people in work – Corona dip caught up

Labor market: Record number of people in work – Corona dip caught up

In 2022, 45.6 million people were employed in Germany – more than at any time since reunification. Most of the new jobs were in the service sector.

More people were employed in the German economy last year than at any time since reunification. According to the Federal Statistical Office, the number has risen by 1.3 percent to 45.6 million people on average over the year.

This has caught up with the Corona dent and exceeded the previous maximum number of 45.3 million from the pre-crisis year 2019, as the office reported on Monday. The number of people in employment collapsed in the first year of the Corona crisis in 2020 and initially recovered slowly in 2021.

People found new jobs primarily in the service sector, where 93 percent of the growth took place. Here, the number of people in employment rose by 1.6 percent compared to an increase of only 0.4 percent in the manufacturing sector. There were 0.5 percent more workers in construction than a year earlier, while their number in fisheries, agriculture and forestry fell by 0.5 percent. The number of self-employed and their family workers also fell again, by 1.4 percent. They still made up 3.9 million people.

The additional employment was managed, among other things, by immigrant workers. The share of gainful employment among the domestic population increased. The number of unemployed declined: according to international benchmarks, it fell very significantly by 209,000 people or 13.6 percent to 1.3 million.

Source: Stern

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