Fashion
Germany’s employment steady at 46 mn in November 2025
Without seasonal adjustment, the number of persons in employment rose slightly by 7,000 month- on-month. This increase was weaker than the average rise typically recorded in November between 2022 and 2024, signalling softer labour market momentum towards the end of the year, Destatis said in a press release.
On a year-on-year (YoY) basis, employment in November 2025 was 51,000 lower than in November 2024, representing a decline of 0.1 per cent. This continued the mild downward trend observed since July, with similar annual declines recorded between August and October.
Germany’s employment held steady at around 46 million people in November 2025, with seasonally adjusted figures virtually unchanged MoM, according to Destatis.
Employment was 0.1 per cent lower year on year, extending a mild downward trend.
Unemployment rose to 1.64 million, up 11.6 per cent from a year earlier, while the adjusted jobless rate remained stable at 3.8 per cent.
Unemployment, however, showed a clearer increase. The labour force survey indicated that 1.64 million people were unemployed in November, up by 171,000, or 11.6 per cent, compared with a year earlier. The unemployment rate rose to 3.7 per cent, up 0.4 percentage points YoY.
After adjusting for seasonal and irregular effects, unemployment stood at 1.67 million, an increase of 7,000 from October. The adjusted unemployment rate remained unchanged at 3.8 per cent, suggesting limited short-term movement despite rising annual pressures.
Fibre2Fashion News Desk (SG)
The package establishes a modern framework for both sides, enabling frictionless access to a market of 460 million consumers in key sectors, delivering economic benefits to both parties.
European Commission President Ursula von der Leyen and Swiss President Guy Parmelin yesterday signed a broad package of agreements aimed at deepening and expanding EU-Switzerland ties.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides of the border.
Additionally, it will ensure more consistent rules for individuals who live, work or study across the EU-Swiss border. Switzerland will contribute to the development of legislation in the areas covered by the package and will have the opportunity to influence these rules as they are being designed.
“By modernising and deepening our ties across key sectors, from trade and transport to health and energy—we are strengthening legal certainty, fostering innovation and creating new opportunities for our citizens and businesses,” von der Leyen said in a release from the Commission.
The package includes updates to four already existing agreements, which already give Switzerland access to the EU internal market, regarding air transport, land transport, the free movement of persons and mutual recognition of conformity assessment.
New agreements on food safety, electricity, health and Switzerland’s participation in the EU Agency for the Space Programme were signed. A new agreement introduced a permanent and fair financial contribution by Switzerland to economic and social cohesion within the EU.
Apart from a protocol on parliamentary cooperation, the package includes also a joint declaration on the establishment of a high-level dialogue on the broad bilateral package.
Fibre2Fashion News Desk (DS)
Following earlier increases in purified terephthalic acid (PTA), melt and PSF, Indian producers have now raised PFY prices. POY, FDY and PTY prices have been increased by ****;* per kg across all deniers and lustres with effect from March *, reflecting rapid cost pass-through amid heightened volatility in crude-linked value chains, according to the market sources.
In the previous weekly revision effective February **, ****, PTA was increased by ****;*.** per kg to ****;**.** per kg, while monoethylene glycol (MEG) was retained at ****;**.** per kg. Polyester melt prices were raised by ****;*.** per kg to ****;**.** per kg. Downstream PSF prices were also revised upward by ****;*.** per kg from March *.
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