Economic institutes raise German growth forecasts

Reuters ^ | April 17, 2018 | Rene Wagner

[Berlin_Freeper]

BERLIN, April 17 (Reuters) - Germany's leading economic institutes have raised their growth forecast for Europe's largest economy to 2.2 percent this year from a previous estimate of 2 percent, two sources familiar with the deliberations told Reuters on Tuesday

The institutes also expect the economy to grow by 2 percent in 2019, up from 1.8

[who_would_fardels_bear]

Germans can’t go outside anymore due to all the rapists, so they just stay inside and work more.

[Berlin_Freeper]

March 25, 2018 - The news out of Germany's Federal Employment Agency is good. The agency's Institute for Employment Research (IAB) reports that the economy is on course to create 650,000 new jobs this year, 100,000 of which will be taken up by people who came to the country as refugees. Overall, just under 46 million people are expected to be employed in 2018 — a record number for postwar Germany.

[pepsionice]

There are two negative cards that they’ve pulled out of this rosy picture. The first is a limited number of qualified workers for industrial positions seen for the next couple of years. The other is the positive upward trend doesn’t play out well in the upper northwest (North Rhineland Westphalia state), where unemployment is a serious issue.

[Berlin_Freeper]

Excellent.

https://www.bloomberg.com/news/articles/2018-03-27/germany-courts-workers-with-sausages-and-cheap-housing

[Berlin_Freeper]

Moving to Germany: Guide to German visas and permits

[pepsionice]

I saw it brought up last year in the German news....the number of intern/apprentice positions relating to kids and states.

Down in Bavaria, for every hundred apprentice slots that were coming up each year...they only had around 95 kids who could apply...meaning five slots went unfilled. Up in North Rhineland Westphalia, for every hundred apprentice slots, they had around 135 kids...meaning thirty-five kids would not get an apprentice position. You would think that they’d realize this imbalance in state job potential and just offer some program to move kids south into Bavaria or around to better German states. But no....that was not going to be discussed. Same issue exists with all these migrants who were sent into the upper NW as well, and their job prospects are dismal.

[Berlin_Freeper]

First bicycle ride of 2018, around the park for an hour. 🚴‍♂️ That's a benefit of working freelance. 🙂

[bigdaddy45]

Germany has problems, but not being able to go outside isn’t one of them. I just spent a week in Munich and the surrounding area with my wife and daughter and had a fabulous time. We didn’t feel remotely unsafe even once, even wandering around the neighborhood near the Munich train station (refugee central). Lets not overstate the problem.

[jdsteel]

2.2%....pikers. That’s pathetic for the strongest economy in the EU. We should be between 3 & 4% this year.