Number of gainfully employed people hit record high

According to provisional figures by the Federal Statistical Office, there were about 40.26 million gainfully employed people in Germany in October 2007. This is an increase of 688.000 or 1.7% as compared to October 2006. Compared to September this year the number of gainfully employed people rose by 207.000 or +0.5%.

Thus, in adjusted-for-season figures gainful employment increased by 33.000 people in October 2007 as compared to September. This positive development is accompanied by an increase in the number of those jobs which are subject to social insurance contribution. GERMAN