Posted on 02/13/2006 4:42:48 PM PST by george76
German unemployment has unexpectedly risen above the five million mark again ...
equivalent to 12.1% of the working age population.
the data was skewed by the unusually cold winter ...
data also released on Tuesday showed a 1.4% fall in retail sales in December.
The figures reinforced recent concerns that Germany's fledgling economic recovery could be held back by weak domestic demand.
The headline rise in unemployment came as a surprise with most commentators expecting a modest rise.
up to 30,000 people registered as unemployed this month ahead of the introduction of new benefit rules.
(Excerpt) Read more at news.bbc.co.uk ...
Geez...are we gonna have to carry civilization on our backs?
Because in November the new government announced a 20% increase in taxes to create over one hundred thousand new jobs. Socialists got to talk for 2 minutes. Small government Free Democrats got one quip which was that these expectations were highly unrealistic.
"equivalent to 12.1% of the working age population."
They are in a perpetual Depression.
No wonder pat buchanan has been particularly angry lately.
We better bail them out. Remember what happened the last time the Germans felt desperate? How often in history has economic collapse and the resulting socio-political upheval resulted in a dictatorship? The proverbial "man on horseback" rides in to save the country from ruin, make them "strong and independent" again. Nazism isn't entirely dead, despite what you read in history books.
I heard they do abortions while waiting in the soup-line.
Yeah, they went to war and we kicked their asses ... we've been "bailing them out" ever since.
They, and the rest of the euro socialists need to wake up and take care of their own business or they'll be mecca north in 10 or 15 years.
Next time, it'll be both French and German Nazis, and the scapegoats will be Arabs as well as Jews. Count the Italians and Danes in as well.
Can you imagine if the unemployment rate in the US was 12.1%?
That can't be true. That would be work.
Their plan to fight global warming by increasing unemployement is apparently working as expected!
It is always handy to say it was too cold to work.
Where is the global warming when we need it ?
Merkel's Fault!
They die when it's cold, die when it's hot,....... What's the word I'm looking for?
Stratenschardenfreudery = Strategery + Schardenfreude
I can remember while everyone was being euphoric about the Berlin Wall coming down I remarked that the West Germans would eventually rue the day that they reunited with the East Germans! Before then, West Germany was in great shape..., after absorbing their communist welfare countrymen, it has been all downhill!
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