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It was only in the late 1980s that West Germany's economy finally began to grow more rapidly. The growth rate for West German GDP rose to 3.7 percent in 1988 and 3.6 percent in 1989, the highest levels of the decade. The unemployment rate also fell to 7.6 percent in 1989, despite an influx of workers from abroad.
Germany's gross national product (GNP) and GNP deflator, year on year change in percentages, from 1926 to 1939 [19] Development of GDP per capita, from 1930 to 1950. The Nazis came to power in the midst of the Great Depression. The unemployment rate at that point in time was close to 30%. [20]
During the years of 1931 and 1932 Germany was experiencing a 10% annual rate of deflation. [2] In early 1931 Woytinsky began developing a preliminary version of what would become the WTB plan, proposing the injection of money into the European economy via large-scale public works on an international scale.
This is a list of German states by unemployment rate as of November 2022 according to the Federal Statistical Office of Germany. Rank State Unemployment rate ...
Unemployment rate Employment rate Date Albania: 17.5% [2] 50.2% (2017) [3] 2015 Andorra: 3.7% - ... Germany: 2.8% [4] 81.1% (2023) [5] May 2023 Greece: 9.6% [4] 67.4% ...
The German Federal Labor Agency announced an increase in unemployment, which is likely to put a strain on Angela Merkel's hold on the country and her efforts to use German money to help with ...
[79] [80] In January 2009 the German government under Angela Merkel approved a €50 billion ($70 billion) economic stimulus plan to protect several sectors from a downturn and a subsequent rise in unemployment rates. [81] Germany exited the recession in the second and third quarters of 2009, mostly due to rebounding manufacturing orders and ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. This indicator refers to the number of persons who have been unemployed for one year or more as a percentage of the labour force (the sum of employed and unemployed persons).