German unemployment hits a 20-year low (?)...
http://www.cnbc.com/id/39885973
7% unemployment? LOL!
Germany currently has ~9% of workers in a new classification - "Hartz IV" - chronically unemployed with no hope of employment or justification for retraining.
Since 2005 Germany has had four different kinds of unemployment.
Hartz I are underemployed - ex-full-time employees now working part-time.
Hartz II are your classical "unemployed" - the official unemployment numbers report only this group.
Hartz III are people currently making ~500 Euros a month while they're in a "retraining program"
Hartz IV are chronically unemployed, not trainable, and no longer reported as unemployed.
EACH of these groups but Hartz II is at record highs. And yet the German government says that unemployment is at an all-time low. And apparently, the German Sheeple believe them. Actually, I kinda doubt your average German buys it for a second.
Germany's ACTUAL unemployment rate is somewhere around 20% - counting groups 2, 3, & 4 - not the under-employed...
http://www.cnbc.com/id/39885973
7% unemployment? LOL!
Germany currently has ~9% of workers in a new classification - "Hartz IV" - chronically unemployed with no hope of employment or justification for retraining.
Since 2005 Germany has had four different kinds of unemployment.
Hartz I are underemployed - ex-full-time employees now working part-time.
Hartz II are your classical "unemployed" - the official unemployment numbers report only this group.
Hartz III are people currently making ~500 Euros a month while they're in a "retraining program"
Hartz IV are chronically unemployed, not trainable, and no longer reported as unemployed.
EACH of these groups but Hartz II is at record highs. And yet the German government says that unemployment is at an all-time low. And apparently, the German Sheeple believe them. Actually, I kinda doubt your average German buys it for a second.
Germany's ACTUAL unemployment rate is somewhere around 20% - counting groups 2, 3, & 4 - not the under-employed...
The Oxford Dictionary insists upon itself.
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