The latest Labour Market and Occupational Research (IAB) of the Federal Employment Agency (BA) has shown that employment and unemployment prospects in Germany are improving, as the barometer has increased in July by 0.4 points to 103.2 points - the second consecutive increase.

"The employment agencies expect that, despite the increasing labor market entry of refugees in the next three months, unemployment will not rise," Enzo Weber, director of the IAB Research Centre "Forecasts and Structural Analyses", said. 

The value of the sub-component "development of unemployment" in July eased to positive territory in by 0.4 points to 100.5 points, according to a press release of the Institute.  The additional unemployment of refugees will be offset due to the positive developmeny within the labour market.

"The development of employment in Germany is robust and will continue after the EU Referendum," said Weber , the results. 

According to IAB, this seems that the German labor market has hardly seen any harm.

For the IAB Employment Outlook Survey, the Institute surveyed monthly all local employment offices to their expectations in terms of unemployment in the next three months and the employment development. To get a perspective on the overall development of the labor market, the Institute is the average of the two components. The scale of the leading index ranges from 90 points for a very poor up to 110 meters for a very good development.