AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email German jobless rate slips to 6.8 per cent in May as spring upturn kicks in, labour market solid BERLIN – A traditional spring pickup in job creation helped reduce Germany’s unemployment rate to 6.8 per cent in May from 7.1 per cent the previous month.In total, the Federal Labor Agency said Wednesday that 2.937 million people were registered as unemployed, down 83,000 over the month.When adjusted for seasonal factors, unemployment was steady at 6.9 per cent, in line with economists’ expectations. However, the number of people unemployed rose by a bigger-than-anticipated 21,000.The relatively low rates of unemployment in Germany, Europe’s biggest economy, contrast with the sky-high levels seen elsewhere in the eurozone.Recent surveys have shown the German economy picking up steam again, with business confidence and consumer sentiment up. In the first quarter, Germany only grew by a quarterly rate of 0.1 per cent. by The Associated Press Posted May 29, 2013 4:32 am MDT
The UK new bus and coach market fell by -5.6% in 2018, with annual registrations falling for a second consecutive year to 7,236 units, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). A -5.6% drop in the final three months of the year marked the eighth straight quarter of decline as local authority budget cuts and uncertainty over local Clean Air Zone plans continued to affect operator confidence.Quarter four performance saw a steep fall in demand for double-decks, down by more than a third (-34.6%), although the minibus and single-deck segments both grew, by +0.9% and +14.3% respectively.Rising minibus registrations were the market’s good news story for 2018, with demand for these smaller vehicles growing by +5.0% in the year to 4,023 units as operators downsized and downscaled investments. However, this was not enough to offset significant declines in demand for single and double-deck buses, falling by -8.5% and -26.8% respectively.Mike Hawes, SMMT Chief Executive, said,A second year of decline for the bus and coach sector is extremely concerning. While the market is cyclical, there’s no doubt that a squeeze on local government spending, general economic uncertainty, and confusion surrounding a patchwork of differing Clean Air Zones have taken their toll on operator confidence.While the recently announced ultra-low emission bus fund is a step in the right direction, wider incentives aligned with the right business conditions are required to encourage fleet renewal and get more of the latest, lowest emission buses and coaches onto local roads.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Demand for new buses and coaches declines -5.6% in 2018, with 7,236 vehicles joining UK roads.Minibus registrations grow 5.0% but can’t offset substantial declines for single and double-deckers.1,594 units registered in Q4, down -5.6% on same period in 2018 and marking eighth quarterly fall.