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Wednesday, January 11, 2012

German Unemployment Rate

Worth noting here that the unemployment rate in Germany dropped to 6.6 percent in December 2011. That made news in at least some German-language publications even in the United States. Looking backward in time, this rate turns out to be better than the rate had been in 1992 when, in January of that year, unemployment had stood at 7.3 percent. Available data don’t go back earlier than that. The Great Recession and its radiations? The Euro crisis? Well, Germany is coping, as one might say. And the name of the lady responsible for this starts with an M.

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