Good Wages, Unions and Government Regulation Are The Solutions, Not Causes, of our Economic Woes

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7. Germany is not immune to recession or other economic problems. They export a lot and import

a lot so they are tied to the health of other countries' economies.

Germany's unemployment rate at record low in December

http://www.bbc.co.uk/news/business-16390429

German unemployment fell to its lowest rate in December since 1991, according to the German Federal Labour Agency.

The adjusted jobless rate fell to 6.8% from 6.9% in November, the Federal Labour Office said. This marked a new record low since figures for unified Germany were first published.

Leading economists expect Germany's economic growth to slow in 2012, however, in line with other major eurozone economies, which may put a squeeze on wages and jobs.

But, as the BBC's Berlin correspondent Stephen Evans points out, unemployment at a record low for the last two decades is something most countries would envy, and a sign of the way Germany has rebuilt itself since the Wall came down.