Germany’s jobs miracle: Short-time work, flexible contracts and healthy companies; Unemployment rose only 200,000 from October 2008 low
Apr 28th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Germany’s jobs miracle: Despite enduring the worst recession since 1945, Germany achieved a remarkable success in holding unemployment growth at about 200,000 from an October 2008 low, through a mix of short-time work, flexible labour contracts and healthy companies coming into the downturn.