Germany could soon have the lowest unemployment rate in the EU

[Tender Branson]

Jobless Rate in Euro Zone Stays at Record

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Western Germany might actually have the lowest one already, because typically their rate is by 0.5% lower than the overall German rate (with the East pushing up the total rate).

Likely reasons for this ?

A) the good economy in Germany
B) the labour market reforms 10 years ago, pushing people into so called "1€ jobs"
C) Germany's extremely low birth rate: Much more old people are currently retiring or dying from their jobs than new young people are able to enter the workforce. Currently, only 800.000 people are entering the workforce each year, but the birth rate among those who are retiring now was 1.1 Mio. in 1950 - This will get even worse by 2030, when only 700.000 will enter the labour force, but the number of births among the retiring 1965-born was TWICE that at 1.4 Mio. each year.

[Nhoj]

Nothing to do with the article .
What is the reason for the OCED rate being higher than the eurostat ones for Germany?

[Tender Branson]

Nothing to do with the article .
What is the reason for the OCED rate being higher than the eurostat ones for Germany?

How is it different ?

[Nhoj]

Nothing to do with the article .
What is the reason for the OCED rate being higher than the eurostat ones for Germany?

How is it different ?

I guess it might not be OCED, but its from the Economists charts in the back of the Magazine. It has German unemployment at 6.9% in September.

[Tender Branson]

Nothing to do with the article .
What is the reason for the OCED rate being higher than the eurostat ones for Germany?

How is it different ?

I guess it might not be OCED, but its from the Economists charts in the back of the Magazine. It has German unemployment at 6.9% in September.

The difference is that the Economist uses the rate from the method that is used in Germany to calculate the UE rate.

Germany, like we, and contrary to the US registers it's unemployed.

The US, Eurostat, the OECD and the ILO only use telephone surveys.

[Tender Branson]

The Economist figure of 6.9% for September is wrong though, it was 6.6% (from the official source):

http://statistik.arbeitsagentur.de/Statischer-Content/Arbeitsmarktberichte/Labour-Market-Germany/Generische-Publikationen/Labour-Market-Germany-201309.pdf

And it went down to 6.5% in October.