German unemployment grows
Posted on March 1st, 2005 by Brian Turner
The number of unemployed in Germany grew to over 5.2 million in February, representing 12.6% of the working-age adult population.
It is the worst unemployment totals for the country for over 70 years.
Although the country changed it’s method of classification of unemployment in January, adding over 500,000 to the total in that month alone, with economic growth stagnating in the country job creation is likely to be a major problem for the German government.
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