Published on Zero Hedge (http://www.zerohedge.com)
Crossing The Rhine...To Escape 10% Unemployment
By Tyler Durden
Created 08/06/2013 - 20:42
"Many people still refuse to work in Germany; it's the language and demons of the past," but for many, crossing the Rhine is now the only option to escape the dismal depression-like economic environment that is engulfing France (as we most recently discussed here [1] and here [2]). As one border-crossing employee noted, "in Germany, they take people more easily and train them for new work even if you have worked in a totally different area than the one asked for," and with unemployment in Alsace (France) at about 10% and the jobless rate in the bordering German state of Baden-Wuerttemberg at a mere 4%, it is little wonder that an increasing number - around 24,000 French people (from this 'symbolic' region) are crossing over for work.
Links:
[1] http://www.zerohedge.com/news/2013-04-09/charles-gave-france-brink-secondary-depression
[2] http://www.zerohedge.com/news/2013-05-06/charles-gave-get-out-banks-get-out-france-get-out-euro
[1] http://www.zerohedge.com/news/2013-04-09/charles-gave-france-brink-secondary-depression
[2] http://www.zerohedge.com/news/2013-05-06/charles-gave-get-out-banks-get-out-france-get-out-euro
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