60 percent of all employees work in SMEs 9. April 2008 by Thomas Jannot Almost 60% of all employees in Germany worked in small and medium-sized entities (SMEs) in the year 2005. This was revealed through a study by the Federal Statistical Office which analysed in this respect the sectors of industry, construction, hotel business as well as selected fields of the service sector. These account for about 80% …
Vice president of the Bundesbank is less optimistic about the economy 8. April 2008 by Thomas Jannot Prof. Dr. Franz-Christop Zeitler, who is vice president of the German Bundesbank, had a sceptical opinion in an interview with the weekly “Capital Investor” financial magazine. He believes that the international financial crisis is not over yet. “All in all I expect the German economy to grow by 1.5% in the year 2008.” At the …
Less orders to industry in February 8. April 2008 by Thomas Jannot According to provisional calculations by the Federal Statistical Office, the number of orders received by industry in Germany fell once again in February as compared to January by 0.5% after adjustments for price and season. Thus, the decrease somewhat slowed down in comparison with January when there had been a drop by -0.7% on the …
Lack of IT experts reaches new record high 8. April 2008 by Thomas Jannot Information and telecommunications technologies will create additional jobs in the year 2008. According to new estimates by the German Association for Information Management, Telecommunications and New Media (BITKOM), the number of employees in this sector will increase by up to 4000 to 820.000 people this year. In the course of a BITKOM study carried out …
30 percent of Germans use internet in the workplace 7. April 2008 by Thomas Jannot Almost one third of people in Germany use their personal computers at work in order to go online. In the year 2003 this percentage had been 16%. According to the German Association for Information Management, Telecommunications and New Media, by international standards the current percentage of people in Germany going online in their workplaces is …
Business of gym discounters booming in Germany 4. April 2008 by Thomas Jannot The German fitness market which is mainly made up of small and medium-sized entities (SMEs) grew strongly by 6% in the year 2007. Currently there are about 5.5 million people who are members of health clubs and gyms in Germany. Over the past four year the number of gym members grew by one million. According …
Made in Germany in high demand in China and Russia 4. April 2008 by Thomas Jannot The “NTC/BME purchase manager index” reached 55.1 points in March and was thus 0.8 point above the February index as well as for the 31st time above the 50-points barrier. This is mainly due to a strong increase in new orders which led to increased production in all lines of industry. Furthermore, numerous orders from …
Unemployment rate in Eurozone at 7.1% 3. April 2008 by Thomas Jannot The number of unemployed people in the EU remains relatively constant. After adjustment for season the rate of unemployment amounted to 7.1% in the Eurozone (EZ15) in February which is the same rate like in January. In February 2007 unemployment had still been at 7.6%. In the EU27 the rate of unemployment amounted to 6.7% …
43 percent of all IT jobs available in Bavaria 3. April 2008 by Thomas Jannot Currently job prospects for IT experts are as bright as they have not been for many years. And this applies to both experienced experts and young graduates. There is currently a lack of 43.000 experts in informatics in Germany. However, the job opportunities differ according to region: ninety percent of all vacancies are to be …
Coffee shops booming in Germany 1. April 2008 by Thomas Jannot Coffee shops are trendsetters for the coffee consumption by Germans. According to Mr. Holger Preibisch, managing director of the German Coffee Association in Hamburg, the rising number of coffee shops shows that the consumption of coffee is becoming a lifestyle factor in Germany. Currently, there are about 1400 coffee shops in Germany.