Record-low unemployment in Germany – We admire the Germans
Tuesday, 03 January 2012 Unemployment
in Germany has fallen to a record level. According to statistics
published today, the unemployment rate in Europe’s biggest economy last
year recorded the lowest level in 20 years.
In
December, the German unemployment rate of 6.8 percent - 0.1 percentage
points down from the previous month. In one month the number of
unemployed was reduced by 22 000.
For
the full year the unemployment rate was as low as 7.1 percent. The
figure is better than markets had expected. Almost three million
Germans are out of work. Unemployment is not expected to increase over
this year.
Germanys has a population of over 80 million people and it is the leading economic powerhouse of the EU.
