German Oct. jobless numbers fall 26,000

[ASusilovic]

German Oct. jobless rate falls to 8.1% vs 8.2% Sep



That's really rock solid. I don't know how the Germans manage it, but respectable success.

 

[successtrading]

wages below 1Euro/hour are not unknown.

 

[Alexis]

LOL which would do... +/-160 euros a month?

Germany is no developping country, you know?

 

[makloda]

Quote from ASusilovic:I don't know how the Germans manage it

It's called "Kurzarbeit" and other government subsidies

 

[Debaser82]

Quote from makloda:

It's called "Kurzarbeit" and other government subsidies

As if the US, hell, any other country in the world isnt expanding it's government to ofset a contraction in the private sector.

So why not agree they all do it and judge the quality of the government sector country by country.

 

[ASusilovic]

Quote from makloda:

It's called "Kurzarbeit" and other government subsidies

ABM ?

 

[makloda]

Quote from ASusilovic:

ABM ?

Germany has a deep history in government created jobs. Auto Bahn Mass-Employment

 

[Alex55]

Quote from successtrading:

wages below 1Euro/hour are not unknown.

That's BS, they have minimum-wages by law (don't know how much though).

 

[successtrading]

These are the so called "mini-jobs". Some very very hard workers earn up to 400Euros/month.

 

[Alex55]

Quote from successtrading:

These are the so called "mini-jobs". Some very very hard workers earn up to 400Euros/month.

Hmmm..... but if that would be true, then they aren't counted for full in the "jobless claims" for which the OP started this thread.