tern states experienced a 10% rate of growth, one of the highest in the entire European region. To further improvement, the Bundesbank saw the appreciation of the Deutsche Mark. Unemployment is one problem that has faced the country for decades. From the horrors of World War II to 1998, Germany has faced this problem forever. It has reached its highs and lows, with a 1996 statistic stating that of the 39.96 million in the work force, 3.97 million of those were unemployed. A large part of it has to do with the country’s economy that continues to see-saw, requiring quick intervention by the Bundesbank and Bundestag. The eastern states faced the worst of it because to this day they continue to reform and with reform comes work force reduction. Germany’s labor is fully unionized and the government has special courts to help settle any disputes. To help further curb the unemployment rate increases, a national program is in place to help place workers whose jobs have been phased out due to automation. Germany has had its share of economic hardships and successes. It’s the commitment to the people by the Bundestag that has helped rank it among the top economic powers of the world. ...
