Job boom: The end of the golden era on the job market

JFor decades the German labor market looked like the “superman” of the labor markets. Around the globe, and not least in Europe, many nations have repeatedly struggled with a decline in employment and high unemployment figures. But nothing seemed to throw the Germans off course. Year after year, hundreds of thousands of new jobs were created in the Federal Republic of Germany, which provided people with an income.

But now, it seems, the German super job market has had its encounter with kryptonite, the only substance that can harm the superhero.

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