Economic recovery: Most major indicators now point towards unemployment in Germany peaking at just under four millions
Janine RabeAugust 17, 2009
Major economic think-tanks have been busy correcting their forecasts for 2009 and 2010... upwards. The recovery, it seems, is stronger than anyone expected just a few short months ago. Even the labour market appears to be more resilient than most analysts had thought. Unemployment in Germany, currently at three and a half million, IS still on the rise, but not nearly as much as feared.