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Job vacancies peak in Germany

Staff Writer |
A latest survey has showed that the number of job vacancies is at a record high for Germany for the first quarter of 2017, local media reported.

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According to the survey presented by the German Institute for Employment Research (IAB) on Tuesday, there are 1,064,000 job vacancies available on the German employment market for the first quarter this year.

This represents an increase of 9,000, compared to the former record high of 1,055,000 in the fourth quarter of 2016, and an increase of 75,000, compared to the first quarter of 2016.

The data are provided by a representative company survey of around 8,000 employers conducted quarterly by the IAB. The survey includes vacancies unreported to the unemployment office.

The gap in job vacancies between west and east Germany is significant, the survey shows. There were 824,000 vacancies in west Germany and 240,000 in east Germany during Q1 2017.

Twenty percent of the openings do not require any vocational education, 64 percent require the completion of on the job training and 16 percent require a finished university education.

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