The secret of Germany's success | 41 comments (41 topical, editorial, 0 hidden)

Re: The secret of Germany's success (4.00 / 5)

Answering my own questions:

According to the ILO statistic, from March 2006 ro March 2007, unemployment fell by 690,000, employment grew by 602,000, while population change was minimal ; the ratio of 15-64-year-olds employed grew by 1.6 percentage points (to 69.3%) -- a case for true job creation.
The ratio of 'underemployed' (who work but would do so more) fell by 0.3% year-on-year, that would be a positive, but (see next link) there was also some reduction of average hours worked. Here is something on jobs, up until Q4/2006. There was growth in Q3+Q4 in agriculture and in the construction sector, still reduction in the production sector, biggest growth however was in the service sector. That does say something but not much, I should look for further data.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Tue May 15th, 2007 at 07:55:09 AM EST
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Re: The secret of Germany's success (none / 1)

Good digging! The ratio of underemployed persons fell by 0.3 percentage points (to 12.7 percent from 13 percent). Sorry for nitpicking, but there's a difference.

The question of 'what kind of jobs' is a bit more difficult to answer, probably. Another good question is where the jobs are being created (unemployment rates were high in much of the west as well).

by nanne (zwaerdenmaecker@gmail.com) on Tue May 15th, 2007 at 08:28:04 AM EST
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Re: The secret of Germany's success (none / 1)

0.3 percentage points

The one time I forget it it is pointed out -- ET :-)

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Tue May 15th, 2007 at 08:31:04 AM EST
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Re: The secret of Germany's success (4.00 / 2)

Gotta get my PN points :-)

by nanne (zwaerdenmaecker@gmail.com) on Tue May 15th, 2007 at 08:44:01 AM EST
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The secret of Germany's success | 41 comments (41 topical, 0 editorial, 0 hidden)