From Germany is now only good news. At least in economics. In April, unemployment fell by another 37,000 to 2.97 million, and this is the first time in 19 years when it dropped below 3 million unemployment rate remained unchanged at 7.1%, compared to 8,8% in the U.S. and 7,8% in Britain. Expectations for the employment of Germans remain very strong. According to a survey the magazine Impulse, only 4% of employers planning to reduce staff in the current quarter. Some companies report that they are experiencing difficulties in recruiting the necessary staff, raising concerns that the narrowness of the labor market may soon turn into a spiral of wage stagnation.
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