German Oct. jobless numbers fall 26,000

Discussion in 'Economics' started by ASusilovic, Oct 29, 2009.

  1. German Oct. jobless rate falls to 8.1% vs 8.2% Sep



    That's really rock solid. I don't know how the Germans manage it, but respectable success.
     
  2. wages below 1Euro/hour are not unknown.
     
  3. Alexis

    Alexis

    LOL which would do... +/-160 euros a month?

    Germany is no developping country, you know?
     
  4. It's called "Kurzarbeit" and other government subsidies :cool:
     
  5. As if the US, hell, any other country in the world isnt expanding it's government to ofset a contraction in the private sector.

    So why not agree they all do it and judge the quality of the government sector country by country.
     
  6. ABM ? :)
     
  7. Germany has a deep history in government created jobs. Auto Bahn Mass-Employment :cool:

    [​IMG]
     
  8. Alex55

    Alex55

    That's BS, they have minimum-wages by law (don't know how much though).
     
  9. These are the so called "mini-jobs". Some very very hard workers earn up to 400Euros/month.
     
  10. Alex55

    Alex55

    Hmmm..... but if that would be true, then they aren't counted for full in the "jobless claims" for which the OP started this thread.
     
    #10     Oct 29, 2009