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The BA-X is a labour market index published monthly by the Bundesagentur für Arbeit (BA). [1] [2] The index tracks the demand for manpower in the primary labor market.The BA-X is based on concrete openings for jobs at business establishments and not on surveys or assessments.
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leading to ...
Companies such as Siemens, Bosch, Thyssenkrupp, and Deutsche Bahn, all featured in the Fortune 500, are estimated to have collectively cut over 60,000 jobs during the first 10 months of 2024. [98] Bosch, a highly regarded manufacturing firm, announced in November alone plans to reduce its workforce by approximately 7,000 employees.
A solid job market so ... including a nearly 820% surge for Nvidia from 2023 into 2024, had critics saying prices had grown too expensive. ... German stocks rallied 1.5% as the market continues to ...
According to a recent "Year in Review" survey by GOBankingRates, 12% of Americans are planning to pursue new full-time jobs or different careers. But is it the best timing with the job market?...
On 16 December 2024, Scholz called a vote of confidence in the ruling government, which was lost. [2] As a result, an early 2025 federal election was held, with the parties having agreed on 23 February 2025 as the date. [3] The 23 February date for the election was confirmed by Federal President Frank-Walter Steinmeier on 27 December 2024. [4]
2024 European Parliament election in Germany: Conservative parties retain their plurality in the German contingent of the European Parliament. [50] The AfD prevails in all five former East German states. [51] 2024 Hamburg borough elections; 14 June: One person is killed and three others are injured in a stabbing attack in Wolmirstedt, Saxony ...
The Hartz concept, also known as Hartz reforms or the Hartz plan, is a set of recommendations submitted by a committee on reforms to the German labour market in 2002. Named after the head of the committee, Peter Hartz, these recommendations went on to become part of the German government's Agenda 2010 series of reforms, known as Hartz I – Hartz IV.