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Showing Original Post only (View all)German unemployment lowest in 20 years [View all]
http://www.irishtimes.com/newspaper/breaking/2012/0229/breaking14.htmlGermany's unemployment held at the lowest in more than two decades in February.
The adjusted jobless rate held at 6.8 per cent from January, the Nuremberg-based Federal Labour Agency said today. That's the lowest since Germany's reunification more than two decades ago.
The number of people out of work remained at 2.87 million after declining 26,000 in the previous month. Economists forecast a drop of 5,000 this month.
"The economy is proving robust come bad weather or turbulence from the debt crisis," said Jens Kramer, an economist at NordLB in Hanover, Germany, who forecast an adjusted drop of 19,000.
"Companies are optimistic when they look ahead and this is playing out in the labour market."
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Germany produces (high-quality) manufactured goods, US companies make profits and financial products
leveymg
Feb 2012
#1
If you really appreciated the third world, you're never say something like that.
TheWraith
Feb 2012
#18
The problem is, there's more and more of these Americans each passing day.
2ndAmForComputers
Feb 2012
#27
you will find a lot of DUers are a well traveled lot -- several are living in europe, the mideast
xchrom
Feb 2012
#10
That's only normal in countries where corporatism influences all levels of government.
Selatius
Mar 2012
#40
While agreeing with the gist of the posts praising the German system and culture...
JackRiddler
Feb 2012
#11
I think a nation's culture trumps it's form of government as the predictor of economic success.
Southerner
Feb 2012
#20
And Germany was the neocon example of a liberal economy destroying itself back during the "W"
applegrove
Feb 2012
#25
Considering modern Germany and the other choices, that my not be a bad outcome. nt
bluestate10
Feb 2012
#35