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Gotta love socialism. German Jobless rate hits new record (12.6%) (pg. 3)
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| trancaholic |
| ^^^^^^ That is really irrelevant, as Germany itself cannot choose which of the two options that should be reality. Fact of the matter is that a large group of people with nothing but basic education (mostly in their late 40s and 50s) are faced with a working environment where all the no-skill jobs are moved to foreign countries (first Eastern Europe, next 3rd world countries). Politicians are raving on and on about how these people need to recieve education to qualify them for other jobs requiring specific skills, but it seems hopeless and the affected people themselves are very much aware of that. What is needed is simply for this large group of people to grow old and retire, and I guess that may be what Dupz was referring to when he talked about a "transition period". |
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| MisterOpus1 |
| quote: | Originally posted by trancaholic
^^^^^^ That is really irrelevant, as Germany itself cannot choose which of the two options that should be reality. Fact of the matter is that a large group of people with nothing but basic education (mostly in their late 40s and 50s) are faced with a working environment where all the no-skill jobs are moved to foreign countries (first Eastern Europe, next 3rd world countries). Politicians are raving on and on about how these people need to recieve education to qualify them for other jobs requiring specific skills, but it seems hopeless and the affected people themselves are very much aware of that. What is needed is simply for this large group of people to grow old and retire, and I guess that may be what Dupz was referring to when he talked about a "transition period". |
True. And again someone feel free to correct me if I'm wrong, but doesn't Germany also face a serious immigration problem as well, i.e. too many immigrants to take care of?
Oh, thanks for the input, Occ, but I just don't think you get it. Sorry. As my dear good friend, Electronicmaji states:
| quote: | | this thread is on my ignore list nobody here has proven themselves to be intelligent enought to match my smarts |
:D |
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| occrider |
| quote: | Originally posted by MisterOpus1
Oh, thanks for the input, Occ, but I just don't think you get it. Sorry. As my dear good friend, Electronicmaji states:
:D |
Huh? Input? What input? Get what? I never said anything about the German economy in this thread. :conf:
Your heathen eyes must be deceiving you. |
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| Subey |
| quote: | Originally posted by Dupz
Dont look to far into people, and start blaming east germans etc.. Pick up any economics textbook and it become all too clear. |
Here are the unemployment stats
"Unemployment in the former communist east stands at 20.5%, more than twice that of the west, with 9.9%."
In effect Eastern Germany accounts for an increase in 2+% of the unemployment rate. I can't understand how you or any textbook discussing germany's unemployment rate could ignore that factor. |
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| igottaknow |
| ^-- most noobs here don't read text books they get their "ideas" from Fox news soundbites or catchy Web headlines. Which goes to prove the old axiom "a little knowledge is a dangerous thing" :haha: |
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| trancaholic |
| quote: | Originally posted by MisterOpus1
And again someone feel free to correct me if I'm wrong, but doesn't Germany also face a serious immigration problem as well, i.e. too many immigrants to take care of?
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If by immigrants, you mean non-skilled immigrants, then that's pretty much a problem in most of Europe. Back in 2001, when the newly elected danish government took office, they took quite some heat from other "well-meaning" EU member states for tightening immigration laws. But it seems to have worked, with statistics showing improvements on most areas relating to immigrants in Denmark. Nowadays politicians in other EU countries (and Norway) seem to have gotten over their political correctness, and are actively adopting the same kind of laws. Maybe when Schroeder loses the next election, steps to deal with this issue in Germany will be initiated as well.
As to immigrants in general, I think that Germany still has a desperate need for qualified workers in several areas. An adoption of the "Green Card"-policy has so far not been sufficient to cover these needs. Maybe it's because skilled people from 3rd world countries prefer to go to the US, and rarely considers the EU as an option. |
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| ::TranceVanDyk:: |
maybe if germany did another 1935, and totally revamp the military. then, all those jobless men, can be soldiers, and the industry needed to supply such an army, could supply more jobs, boom, problem fixed.
really though, america's government is heading for this disaster. the bigger and bigger the government gets, the worse everything is. |
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| LiquidX |
| quote: | Originally posted by ::TranceVanDyk::
maybe if germany did another 1935, and totally revamp the military. then, all those jobless men, can be soldiers, and the industry needed to supply such an army, could supply more jobs, boom, problem fixed.
really though, america's government is heading for this disaster. the bigger and bigger the government gets, the worse everything is. |
True |
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| Yoepus |
| quote: | Originally posted by ::TranceVanDyk::
really though, america's government is heading for this disaster. the bigger and bigger the government gets, the worse everything is. |
Aye. Its horrible, its like Government's mission is always to get a bigger and bigger bddget, and the people's misison is always to try and stop it from spending. But somehow the government always gets bigger and bigger, grows larger and larger. Its unstopable I tell you!! Its a monster!!! AHHHH:eek:
I dunno, obviously you can't take drastic meassures, but something really needs to be done.... steps to abolish income tax might be a good way. |
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| Blue Balls |
I studied economics so I know this for a fact:
How the USA accounts for unemplyment dramtically lowers the figure. Those who are seeking a job are counted as unemployed but those notlooking for a job or are on welfare are not counted.Unemplyment benifits are so weak in the USA that many unemployed immedietely try to find a job even if they become 'under-employed' i.e. tier jobs with lower pay or they just stop looking totally.
In Germany, even the rest of Europe, UnEmployment Benfits and Insurance are much better than the USA. I think it can last up to 2 years. thus alot of people who are not working file for the benfits in Europe. The number is said to refelct the true unemployment number.
So you have to ask you self what is better?
a) a person who once made $40,000 a year and now works for $20,000 or faces unemployment benifits of only $8000 for 6 months.
or
b) a person who once made $35,000 a year and now gets unemployment benifits of $30,000 for 1 year until he find another job.
A is USA
B is Germany
I like option B more because it is more civil. But when your a small country like Germany you can have these Civil programs. But in the USA where we have a huge amount of illegal Mexicans,Arabs,etc you cant have such programs.
The devil is always in the detail. |
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| igottaknow |
| quote: | Originally posted by Yoepus
I dunno, obviously you can't take drastic meassures, but something really needs to be done.... steps to abolish income tax might be a good way. |
The answer is become an...
ANARCHIST |
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| occrider |
| quote: | Originally posted by Blue Balls
I studied economics so I know this for a fact:
How the USA accounts for unemplyment dramtically lowers the figure. Those who are seeking a job are counted as unemployed but those notlooking for a job or are on welfare are not counted.Unemplyment benifits are so weak in the USA that many unemployed immedietely try to find a job even if they become 'under-employed' i.e. tier jobs with lower pay or they just stop looking totally.
In Germany, even the rest of Europe, UnEmployment Benfits and Insurance are much better than the USA. I think it can last up to 2 years. thus alot of people who are not working file for the benfits in Europe. The number is said to refelct the true unemployment number.
So you have to ask you self what is better?
a) a person who once made $40,000 a year and now works for $20,000 or faces unemployment benifits of only $8000 for 6 months.
or
b) a person who once made $35,000 a year and now gets unemployment benifits of $30,000 for 1 year until he find another job.
A is USA
B is Germany
I like option B more because it is more civil. But when your a small country like Germany you can have these Civil programs. But in the USA where we have a huge amount of illegal Mexicans,Arabs,etc you cant have such programs.
The devil is always in the detail.
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I am also an economist, however, I would tend to disagree with your economic theory. First off, those who are on welfare in the US are counted as unemployed in the Bureau of Labor Statistic's household survey. Second of all, Germany subtracts those who are not looking for jobs from their unemployment calculations the same as the US, therefore that is not a factor in any of the calculations. As for underemployment, I would state that that is hardly dictated by the threshold that a person is able to remain unemployed (to a reasonable degree) as opposed to the welfare of that country's labor market. The duration of German Unemployment Insurance is generally 12 months (it's 6 months in the US). Are you saying that those extra 6 months of looking for a job are the definitive factor in a person finding another white collar job as opposed to finding a job at McDonalds? The law of supply and demand apply to the labor market as well. If there is a demand for more skilled jobs, than prices will adjust accordingly to reflect the supply shortages. If there is an excess of supply in the labor market, than no amount of waiting in the world is going to affect the aggregate market price that is dictated by the demand of the labor market. In other words, that extra 6 months of unemployemnt insurance is probably going to accomplish very little to adjust wages in the aggregate economy. It likely has a weak correlation at best when compared to several other indicators such as the weekly payrolls number. |
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