Germany’s jobs miracle: Despite enduring the worst recession since 1945, Germany achieved a remarkable success in holding unemployment growth at about 200,000 from an October 2008 low, through a mix of short-time work, flexible labour contracts and healthy companies coming into the downturn.
Related posts:
- Germany and France to express support for Greece at EU summit; Rescue plan work-in-progress
- German unemployment fell below 3m in October to the lowest level in 18 years
- Marginal drop in Irish insolvencies in October 2010 following September’s rise; 4 companies a day went bust between January and October
- Eurozone annual inflation is expected to be 1.9% in November; Unemployment rate rose to 10.1% in October
- Irish managed pension funds rose 21.8% in 2009 compared with a 27% gain in the ISEQ Index and 2008 loss of 34.8%