Government minister predicts fall in German unemployment

HAMBURG - German unemployment could fall below 3 million from its current level close to 4 million, Economics Minister Michael Glos predicted in remarks published Saturday by the weekly magazine Der Spiegel.

By (DPA)

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Published: Sat 24 Feb 2007, 5:06 PM

Last updated: Sat 4 Apr 2015, 8:30 PM

‘If economic growth continues the way it is going, then I believe it is entirely possible that we could break the 3-million mark in the years ahead,’ Glos said.

Glos sketched plans to compel the long-term unemployed to seek work, by means of state-subsidized jobs and by making welfare benefits conditional on work.

‘The goal for everyone must be to earn his living from a regular job,’ Glos said.

Glos predicted that once compelled to work, the long-term unemployed would seek normal jobs.

‘People will say: If I have to work for unemployment benefit, then I might as well take a job, even if it is only slightly better paid,’ Glos said.

He intends to present the plans to cabinet working group on the low-paid sector.

The German economy ended 2006 on a solid note with fourth-quarter growth coming in at a real 0.9 per cent.



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