Home Economics Low wages, the flip-side to booming German economy

Low wages, the flip-side to booming German economy

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Low wages, the flip-side to booming German economy (via AFP)

Chancellor Angela Merkel often boasts during the campaign for September 22 elections that Germany has one of Europe’s lowest jobless rates — at around 6.8 percent. But it comes at a price. As many as three million people in Europe’s top economy earn…

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