Poor pay: the flipside of Germany’s low unemployment

With its record-low unemployment (5.4%), Germany stands out among fellow eurozone countries such as France or Spain, suffering from sky-high jobless rates.

Part of Germany’s success is due to a series of reforms pushed through by the Social-Green government of former chancellor Gerhard Schroeder ten years ago, overhauling the labour market and welfare system.

But the flipside of Germany’s high employment rate is low-paid and unstable jobs.

Read more: http://euobserver.com/social/119954

Source: EUobserver  Valentina Pop