Friday, March 1, 2013

THE GOVERNMENT'S AND THE OPPOSITION'S JOINED EFFORT IN THE UPPER AND LOWER HOUSE TO SET LEGISLATIVE RESTRAIN ON PRIVATE SECTOR EMERGING AND LUCRATIVE JOB MARKET MAY HARD GERMANY'S EFFICIENCY WITH ITS CURRENT INDUSTRIAL GROWTH.

THE GOVERNMENT'S AND THE OPPOSITION'S JOINED EFFORT IN THE UPPER AND LOWER HOUSE TO SET LEGISLATIVE RESTRAIN ON THE PRIVATE SECTOR EMERGING AND LUCRATIVE JOB MARKET MAY HARD GERMANY'S EFFICIENCY WITH ITS CURRENT INDUSTRIAL GROWTH.

       The government's and the Opposition's joined effort in the Upper and Lower House to set legislative restrain on the Private Sector emerging and lucrative job market by the conclusion of the debates on employment control with the enaction of the legislation that set limit on minimum wage specified at the sum of eight and half euros (E 8.50) per hour in the Federal States which includes the Free State of Bayern Munchen may hard Germany's efficiency with its current industrial growth, despite the decreasing unemployment figures rated at seven point four percent (7.4%), when compared to the increasing unemployment figures rated at eleven point five percent (11.5%) in the European Union. However, the government's effort on budget defficit reduction, debt repayment that has been accompanied by stringent immigration legislation, job market control and disadvantaged demographic changes may have a reverse reaction and hard Germany's projected industrial growth with the future economic prospects.

                                          Written by Professor Godfrey Ohia.

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