Tuesday, July 8, 2014

SUDDEN INCREASE IN UNEMPLOYMENT RATE MAY HURT THE PROJECTED INDUSTRIAL EXPANSION WITH THE EXTENDED FUTURE ECONOMIC PROSPECT OF GERMANY AND THE EUROZONE COUNTRIES.

SUDDEN INCREASE IN UNEMPLOYMENT RATE MAY HURT THE PROJECTED INDUSTRIAL EXPANSION WITH THE EXTENDED ECONOMIC PROSPECT OF GERMANY AND THE EUROZONE COUNTRIES.

     Concern expressed about the sudden increase in unemployment rate, despite the projected better economic performance in the third and fourth quarters of businesses performance rated at one point eight percent economic growth of Germany's prosperous economy that has remained unknown may hurt Germany's projected industrial expansion with the extended future economic prospect of Germany and the Eurozone countries, particularly after series of countries that included the USA have substantially survived, or recovered from major recession, finance and economic downtrend which have been termed in various parts of the World as global recession, the European Union Austerity Measure, the Euro crisis, or the Southern European Union countries debt, budget deficit and currency devaluation problems. However, Germany's Ministry of Labor and Employment has released the exact figures of the recent and sudden increase in unemployment rate  that has alarmed Investors as minimal and has remained over three point five million unemployment persons which meant  a slight increase of about sixty eight thousand unemployed persons in Germany in the first three business quarters. This would mean the unknown cause and sudden increase in unemployment rate that has affected the small business sector, due to government's policy and enforcement measures of minimum wage policy which may have attributed to the sudden increase in unemployment rate that alarmed many Investors.

                                                 Written by Professor Godfrey Ohia.

Paypal account details : Name Professor Godfrey Ohia
E-mail address : ohiaprofessorgodfrey90@gmail.com
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