German Of The Day: Überraschend

That means surprisingly.

Hiring

And you can just hear the disappointment ringing in this article’s title: Arbeitslosigkeit in den USA im Mai überraschend gesunken. That means unemployment in the USA in May sunk surprisingly.

You’ll get over it, Germany. That we’ll get over it, I mean. Now let’s see what you can do about your rising unemployment figures.

Damit haben die Experten nicht gerechnet: Die Arbeitslosenquote in den USA ist trotz der anhaltenden Folgen der Viruskrise überraschend gesunken.

It’s Magic!

It’s as if none of this Corona crap ever happened at all!

Magic

Maybe that’s because none of this Corona crap ever did happen. Not like it was supposed to happen, I mean. Not that anybody ever really knew how it was supposed to happen but everybody knows now that it simply didn’t happen that way. Folks sure got riled up though, didn’t they?

Germany poised for big economic recovery – The German economy is expected to shrink by more than 6% this year. But a new study found the country could be in for a big economic recovery next year.

In a best-case scenario, the economy could recover in about five months, the institute said. This would result in a more mild economic slump of just 3.9% in 2020.

But in a worst-case scenario, the recovery could also take as long as 16 months. The economy could then shrink by 9.3% this year, with growth of 9.5% forecast for 2021.

“In that case, the recovery would stretch into 2022.”

German Of The Day: Rodungsstopp

That means to stop the clearing. Of trees, in this case.

Tesla

That this particular Rodungsstopp could also stop the construction of Tesla’s planned Gigafactory in Brandenburg – and what could turn out to  be the livelihood of 12,000 people – doesn’t seem to interest the greener than green politicians who have sought it.

Tesla has been ordered to temporarily halt preparations for a car factory in Germany after environmentalists won a court injunction on Sunday…

Protesters say the factory is a threat to local wildlife and water supplies…

According to local media reports, Tesla has promised to relocate colonies of forest ants, reptiles and bats, and is working with conservationists. Last month, authorities defused seven Second World War bombs discovered at the site.

Tesla currently has two Gigafactories in the US and one in Shanghai, China.

Der Rodungsstopp an der geplanten Tesla-Fabrik in Brandenburg alarmiert die Wirtschaft: Mehrere Verbände warnen vor Konsequenzen für den gesamten Standort Deutschland.

“Adapting” Standards

It’s not just in the United States that standards in education must remain, uh, flexible.

Idiocracy

Germany has to keep adapting its standards too. Take Germany’s federal cops. Please.

Germany to lower language requirements for federal police recruits – Facing a shortage of recruits, authorities have reportedly had to “adapt” their standards for the current generation.

In a bid to fill thousands of new positions this year, Germany’s federal police (Bundespolizei) has lowered requirements for recruits, according to a media report published Monday.

The newspapers of the Funke Media Group reported on the changes, noting that physical fitness requirements as well as the language level in exams have been changed.

“We must adapt to the societal changes of young people with relation to the mental and physical requirements for the police profession.”

Speaking Of The German Automobile Industry

And German industry in general. They couldn’t laugh off Tesla. Now the punches are coming in hot and heavy.

DaimlerAuto

German Industrial Job Losses Top 80,000 With Daimler Cuts – Germany’s economy may have narrowly avoided a recession, but the pressure on the country’s industry shows no sign of abating.

Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000, according to Bloomberg calculations.

Companies from Volkswagen AG to Siemens AG are letting workers go as Germany’s powerful automotive industry struggles with a shift toward electrification and self-driving cars, and makers of machinery and robots are hit by slower exports and trade disputes. Makers of well-known German products such as Meissen porcelain and WMF kitchenware are also trimming their workforce.

Tesla Must Fail

Right? At least that’s what I’ve been reading in the German media for many years now.

Musk

But some things you just can’t ignore away. And times change, or something. Looks to me like the German automobile industry just ain’t what she used to be.

Elon Musk’s German Factory Started With Love Letter From Berlin – Musk is taking his fight for the future of transport into the heartland of the combustion engine, where the established players long laughed off Tesla as an upstart on feeble financial footing that couldn’t compete with their rich engineering heritage. But Musk has captured the imagination of the think-different consumer, putting pressure on the Germans to respond.

“We definitely need to move faster than the airport.”

Turn, Turn, Turn

Wind turbines turn. But for how much longer?

Wnd

To everything turn, turn, turn
There is a season turn, turn, turn
A time to buid up
A time to break down…

Germany’s wind power industry could shed about 40% of its jobs because of sliding interest among investors to build turbines on land, threatening a key driver of the nation’s ambitious clean energy targets.

Environmental rules are snagging license approval for scores of onshore projects, causing delays of as long as two years, according to a report by Psephos GmbH for Germany’s VDMA machine makers lobby group. As developers and investors shy away from auctions and wading through the thicket of red tape, construction of new parks is grinding to a halt and putting jobs in jeopardy.

Deutschland ist weltweit Vorreiter bei der Energiewende – dem Umstieg auf erneuerbare Energien. Doch ausgerechnet im wichtigsten Erneuerbaren-Bereich im deutschen Markt gibt es große Probleme.

German Of The Day: Entlassungswelle

That means wave of layoffs.

Bank

Although the plural form would be more accurate these days. It’s the latest big thing in Germany. Everybody’s doing it – or in the process of planning it (see German automobile industry).

Take the Deutsche Bank, for instance. Give me 18,000 employees to go. The times they are a changin’.

Up to 20,000 jobs could be axed at Deutsche Bank in a radical reorganisation of Germany’s biggest bank.

The investment bank is expected to be particularly hard hit, with many of the cuts set to affect London and New York.

“I can assure you: we’re prepared to make tough cutbacks.”

No Job Losses Here

In Germany. Then everybody’s happy, right?

A380

The German government is not expecting widespread job cuts in Europe’s largest economy following Airbus’s decision to scrap production of the A380 superjumbo, the aerospace policy coordinator told Reuters on Thursday.

“We expect these jobs will largely continue to exist, working on different models such as the A350, the newest plane on the market, or the A330 neo.”

 

SPD Outrage…

Is the most outrageous kind of outrage there is around here. Take this one: Outrage about the unacceptably high number of temp employment contracts in Germany today. We’ll see to it that these poor people get real jobs!

SPD

Fine. Run with it. So that’s why the SPD is making such a big noise about alleviating this scourge as soon as the next GroKo (with SPD participation) is finally in power.

The only dumb thing here is that they wouldn’t have to wait that long if they didn’t want to. It turns out that the folks over at the SPD-run Ministry for Family Affairs, Senior Citizens, Women and Youth, for instance, have hired way too many of these poor defenseless temp employees themselves. They’re not willing to give these people permanent contracts, however. This is because… Because why anyway? And there we have it again, folks: The SPD redistributor world vs. the real finite resources world.

Die SPD hat im Koalitionsvertrag einen Kompromiss zu sachgrundlosen Befristungen ausgehandelt. Tatsächlich ist die Praxis aber auch in Bundesministerien gängig.