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by karllager 3191 days ago
> Germany is becoming a low income country for a lot of jobs and the unions are doing nothing against it.

Yes, this is true. About 39% of the currently employed have so called atypical jobs [1] - some of which are actually subsidized by the state, because income is so low.

Germany is an austerity poster child - I wonder what will happen, if the export boom is over. Things might become much worse, once the debt-financed foreign purchases dry up for some reason.

[1] https://www.boeckler.de/108863_108907.htm (German only).

1 comments

It sounds like Germany is just catching up with the rest of Europe.