German labor market barometer continues to recover in July


  • World
  • Wednesday, 29 Jul 2020

BERLIN, July 28 (Xinhua) -- The labor market barometer of the German Institute for Employment Research (IAB) rose by 3.1 points, compared to the previous month, to 97.8 points in July, the IAB announced on Tuesday.

After a slight rise of 0.8 points in June, the IAB indicator made "a great leap upwards" in July, the research institute of Germany's Federal Employment Agency (BA) noted. In April, the labor market barometer had plummeted to 93.5 points, the lowest value in its history.

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