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German Program Lowers Jobless Numbers, for Now - NYTimes.com
Even as the German economy suffers through its worst slump since World War II, the government unveiled a seemingly happy surprise on Thursday: Not many people lost their jobs last month.

So has Germany escaped the ravages of the downturn? Probably not, economists say. The apparent resilience of the labor market is more indicative of a peculiarly German approach to combating the punishing recession than of underlying trends in the economy. Germany has found creative ways to keep people off the jobless rolls, whether they have work to do or not.



"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Fri Jul 31st, 2009 at 03:58:31 PM EST
[ Parent ]
And it will stay that way too until (after Angie's coronation in) September.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Fri Jul 31st, 2009 at 04:17:01 PM EST
[ Parent ]
Yes, the federal German election is in September.

Is there any diary coming up on this important topic?

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Sat Aug 1st, 2009 at 11:11:01 AM EST
[ Parent ]
Fran plans to do special coverage here in the Salon.

We can hope for diaries too...

by afew (afew(a in a circle)eurotrib_dot_com) on Sat Aug 1st, 2009 at 11:18:18 AM EST
[ Parent ]
Yes, as afew wrote.

But until then I would like to ask you to please join in on this project.

Anything goes! :-D

by Fran (fran at eurotrib dot com) on Sat Aug 1st, 2009 at 11:30:59 AM EST
[ Parent ]
Answered in the project thread. :)

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!
by A swedish kind of death on Sat Aug 1st, 2009 at 11:46:58 AM EST
[ Parent ]

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