Everyone in Germany is optimistic as the unemployment rates for the country posted have been getting better. The unemployment figures actually lowered to 7.7 percent from 8.0 percent. In an associated press article it was quoted as saying that Jennifer McKeown from Capital Economics said: “Signs of improvement in the labour market support our view that Germany will lead the eurozone economic recovery over the coming quarters.”
This is good news for Germany who is competing with China for the position of number one world exporter. Other news which may be good or bad for the Germany unemployment rate is the Euro exchange which hit as high as $1.50 USD to purchase on euro.
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