In a world of cheap money, it’s tempting to think that the German economy is doing quite well, with unemployment low and inflation low.
But as the country continues to experience a severe slowdown, it could be in for a rude awakening when it comes to its future.
According to the World Bank, Germany’s economy is in recession, which means the unemployment rate stands at around 12%.
This is down from 15.5% just a year ago, but the country still has an unemployment rate of over 27%.
This is despite the fact that Germany’s gross domestic product is currently around $1.2 trillion.
The eurozone is in a similar position, with the average unemployment rate being around 17%.
This means that a country of Germany’s size has a lot of work to do to get itself out of this predicament.
While Germany’s population is now around 14% of the EU’s, it is a nation of just 9.2% of its GDP.
According to the International Monetary Fund, the average German has a wage that is just €8,600 a year, while the average Italian has a salary of €13,000 a year.
The German economy has experienced a great deal of economic pain in recent years.
It has experienced many major financial crises over the past decade, including the one that led to the financial meltdown in 2008.
This recession has had serious effects on the German workforce, as well as the economy as a whole.
In fact, the country is experiencing a significant economic slowdown.
Germany’s economy contracted by 0.4% in the first quarter of 2019, according to data from the European Commission.
While that’s lower than in the same period last year, the contraction was still significant.
This has been accompanied by a severe decline in wages, with an average wage per person in Germany at just €2,500.
This means that the wages of people who are not employed are being cut by as much as 50%.
In addition, the German public sector has seen a decline in the number of employees.
The average public sector worker in Germany was just over 5,000 in January, according a survey from the Berlin Institute for International and Development Studies.
The decline in jobs has been particularly dramatic in the financial sector, which accounts for around 30% of Germanys GDP.
The bank has estimated that between 10 and 15% of jobs in the finance sector have disappeared since the start of the recession.
The downturn has also hit the economy in the private sector.
According the Deutsche Bank, the number and size of firms in Germany have been shrinking for the past two years, while German companies have been reporting fewer than 1,000 new job openings.
Germany is currently experiencing its second recession in two years.
While the unemployment situation in Germany is not as dire as that of the eurozone, the economy is still struggling.
The country’s economy will continue to shrink, as the economic downturn continues.