Word: joblessness
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...recession. "IG Metall is out of control," declared the newspaper Frankfurter Allgemeine. "It refuses to concern itself with the finances of factories, with their competitiveness, with Germany as a location for doing business, with the unemployed looking for jobs or even with those who are about to become jobless." IG Metall's power lies in its ability to negotiate a one-size-fits-all labor contract for the entire country. The current talks in Baden-Württemburg will eventually lead to a pilot contract, which will then be applied to employees in other regions covered by metalworkers' contracts...
...operated a snack shop inside the plant. "But gradually, one by one, people were restructured [translation: fired]." Two other factories have also closed. "People in our town are spending their savings for their everyday life," says Yahaba mayor, Mitsuro Kawamura, echoing a trend the government reported in January: the jobless are now dipping into their savings accounts to make ends meet...
...over this country, and we are experiencing the dark side of our social-welfare system." According to Haarder, more than half of Denmark's 300,000 immigrants (out of a total population of 5.3 million) are unemployed and living on welfare. Among some groups, including Somalis, the number of jobless is 90%. The social-welfare system is so generous, the government contends, that there is no incentive for refugees to find a job. A married couple with two children currently gets $2,441 a month. Denmark has the highest rate of asylum acceptance in Europe: 43% of applicants are given...
...global reach. It devotes $38 billion to improve homeland security, virtually doubling the amount spent this year. Furthermore, it sets aside over $80 billion this year to stimulate our economy. While there have been signs of recovery, our President is not content to sit and wait while thousands are jobless...
...taxes without chopping social programs, proposed reforms for state pensions and come up with a plan to balance the budget. Still, the global economic slump hit Germany, with unemployment inching up to the important benchmark of 4 million. Schroder made an election pledge four years ago to get jobless numbers down to 3.5 million by the time of the election on Sept. 22. "The economy is the big issue," says Peter Lösche, a professor of political science at the University of Göttingen. "It looks as if the conservatives have a very good chance." A poll published...