The number of people receiving jobless benefits will be dramatically slashed next year, saving taxpayers nearly 1€ billion, according to German officials.
Daily Süddeutsche Zeitung reported on Thursday that the Federal Employment Agency (BA) and Labour Minister Ursula von der Leyen agree that in 2011, there would be around 7% fewer recipients Hartz IV long-term unemployment benefit compared with this year.
About 950 000 people who are ending this year on Arbeitslosengeld II long-term unemployment benefits are expected to return to the job market next year, the BA estimates.
The total saving to the government would be about 900€ million.
More at the Local.
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