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Omicron variant blamed for slow change in German labour market

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Germany’s Labour Minister Hubertus Heil said on Tuesday that he expected the Omicron wave of coronavirus infections in Germany to have a temporary negative impact on the economy, as December’s unemployment figures showed a slight increase. “We are still assuming that there will be an upswing in the economy, albeit temporarily delayed by the challenge posed by the Omicron variant,” Heil said in Berlin on Tuesday. It was important to continue to keep the labour market stable, he said. Despite Europe’s largest economy being shaken by the pandemic, it had “been able to avert a major earthquake,” H…

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