Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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From: TimF	3/7/2005 9:07:04 PM
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<I know the unemployment rate in the former E Germany was reported very high (25+%) when the wall came down. Is that where most of the problem still exists or has it spread into the entire country?> The following page has a map with the unemployment distribution across Germany: pub.arbeitsamt.de In the former GDR the ratio is above 30%. But even in the former FRG the average has risen above 10%. <And is it white or blue collar jobs?> Many unemployed people have little or no job education. Some employers fail to find specialists for advanced jobs. But unemployment is a phenomenon which has reached white collar jobs, too. Deutsche Bank (DB) has announced that they will cut thousands of jobs. For DB it's a necessity to catch up with the return on equity of other international players. <I ask because I wondered just how badly the Bonn area would get hurt by moving the federal government back to Berlin and how far the damage would spread.> I once talked to a real estate broker in Bonn and was surprised to hear that the government move to Berlin hardly made any dent in the Bonn real estate market. The trouble spot in Northrhine-Westphalia is the Ruhr area which is still working hard to get past its coal and steel area. <I was surprised at how fast (for example) the Potsdam inner city was being restored but driving around the countryside nobody seemed to be working> Good observation. There are shining examples in some centers - three involving US companies: AMD is very successful with 64-bit chips in Dresden, www3pub.amd.com General Motors/Opel has one of the most productive car plants worldwide in Eisenach, opel.de Dow Chemical operates a big plant in Schkopau. plastics-technology.com ... Message 21105258

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