Despite worries about how the global credit crisis and strong Euro might affect its economy, Germany's unemployment rate sank to 8.1 percent in April, down from 8.4 percent in March. The new government figures, which were announced Wednesday (30.04.), represent 94,000 fewer people out of work.
Together with wide spread wage increases this is one of the key factors that actually make the increases in rent feasible which were held back for a long period.
Wednesday, 30 April 2008
German Unemployment further reduced in April 2008
Posted by Uwe at 15:09
Labels: German economy, German property, German property market, Germany, Germany property, Germany Real Estate, investor information, Property Investment, property market, Rental Market
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