economic indicators

In December 2024, Germany's unemployment figures saw a smaller-than-expected rise, signaling resilience amidst economic challenges. The unemployment rate held steady at 6.1%, showcasing the labor market's stability. Factors like government intervention and sectoral growth in technology and healthcare contribute to this trend. Additionally, the upcoming snap elections may be influenced by these economic realities as political parties address varying unemployment impacts in eastern and western Germany. Furthermore, with 43% of firms struggling to fill job vacancies due to a skilled labor shortage, there’s an urgent need for effective strategies that align education with industry demands to bolster future economic growth.

Overall market sentiment in 2024 oscillated between optimism and caution, with geopolitical developments and inflationary pressures contributing to an aura of uncertainty

This year, it is projected that Australians will spend an astounding $1.3 billion on Boxing Day sales