Tuesday, March 01, 2005
Not a good sign for one of Europe's post World War II economic powerhouses. Although to be fair, according to the article, use of more internationally accepted measures of unemployment put the figure at a much lower number. The 12.6% unemployment rate represents 5.216 million unemployed Germans. Under the most widely accepted international measurement, the unemployment number is at 3.97 million or 9.6% (according to my math - so that percentage could be wrong). That is a fairly large difference.
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I am an attorney in Chicago. Politically speaking, I am an indepedent that tends to lean conservative on fiscal issues and progressive on social issues. I try to remain as unbiased and open-minded as possible. Please email or post any comments, and especially criticisms. If something I say is wrong, or you disagree - let me know about it!



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