Hyper-moralism and virtue signaling as political strategy comes at a price! Germany's unemployment figures have sharply risen, with an increase of 33,000 jobless individuals from November to December, bringing the total to 2.807 million. This marks a significant 170,000 increase year-over-year from December 2023. Despite government initiatives aimed at 'creating' 250,000 subsidized positions, the actual job loss for 2024 is projected at around 420,000.
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47 sats \ 0 replies \ @stack_harder 3 Jan
had to have a chuckle at 'initiatives aimed at 'creating' 250,000 subsidized positions'
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47 sats \ 0 replies \ @LowK3y19 3 Jan
Rip Germany
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47 sats \ 0 replies \ @denlillaapan 3 Jan
Have fun staying poor, peeps.
Germany is a joke
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0 sats \ 0 replies \ @Winitober 3 Jan
Germany is in a bad spot but all of the EU and UK are no better. They’ve had years of bad energy policy and a disastrous war. Their markets are no longer competitive with the rest of the world. Simply put, their products are too expensive. VW is moving production out of Germany and shutting factories. They will need to dramatically devalue the euro to compensate. However, the US also must devalue the dollar to make the debt nominally payable. A fight that the US will win. Next up is capital controls in the EU to stop the capital flight.
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0 sats \ 0 replies \ @Satosora 3 Jan
Germany is taking that downturn.
Wait until more bills come their way.
Created jobs never work long term, they are just trying to kick the can down the road.
Germany needs new leadership.
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0 sats \ 0 replies \ @Undisciplined 3 Jan
How many unemployed young men? That's usually the thing to really worry about.
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0 sats \ 0 replies \ @Skipper 3 Jan
LOL , socialism
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