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German Unemployment Edges Lower, Reaching 6.8%
Keywords:
The unemployment rate in Germany declined from 6.9% in November to 6.8% in December 2011. The average number of unemployed workers in Germany averaged less than three million for 2011, the lowest level since 1991. Changes in the German labor markets with the Hartz reforms under the previous Social Democratic government to introduce more flexibility and increase incentives to look for work have helped reduce unemployment. The German "Kurzarbeit" program of retaining workers in a downturn has helped reduced unemployment. Other changes include the expansion of the low wage sector.
Unemployment in Germany 2009-2013
01/04/2008
The role of "kurzarbeit" programs, work sharing, the changes from the Hartz reforms, and wage restraint in reducing German unemployment.
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Kurzarbeit and other programs in Germany that reduce unemployment with government subsidizing shorter work weeks.
01/04/2008
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The growing low wage sector as downside of Germany's improving unemployment rate in 2009-2013
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The unemployment rate dropped to 7.6% in Germany in 2009 an 6.9% by 2013. Experts says this is a result of the rapid growth in the sector paying low wages.
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'Minijobs' Lift Employment But Mask German Weakness
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Europe's Easy-Money Policy Snubs German Savers
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The outlook for further reforms in Germany after the 2009 elections.
09/28/2009
This looks dim considering that unemployment may hit 11% in 2011.
Grouped Articles
German Coalition Hangs on a Vote by One Party
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Wall Street Journal 09/28/2009
German Economy Faces Pain, Official Says
New York Times 10/26/2009
Merkel Looks to Recharge Her Ratings
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Will Stress Tests Overcome Resistance to German Bank Reform?
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Germany's economy: Angela in Wunderland
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