Some would have you believe that here in the good ole US of A we have a huge unemployment problem. Well I'm one of those "some". I think there is a severe lack of jobs for our intelligent and skilled workers and it's getting worse with all of the outsourcing that is running uncontrolled and sending our high paying jobs overseas.

We don't have it as bad as other countries though, such as Germany, that has hit it's tenth month in a row of growing unemployment and now sits at 10.8% for the nation and 18.8% in the eastern portion of Germany.

BBC

German unemployment rose 7,000 in November to 4.464 million people, or 10.8% of the workforce.

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But officials said stagnant growth was still stifling the job market.

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High oil prices and the soaring euro - which damages the competitiveness of exporters - were also having a negative effect, he said.

The brunt of the unemployment is still being felt in the eastern part of Germany, where the rate is 18.8%.

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With unemployment stuck above 4 million for years, the government of Chancellor Gerhard Schroeder has put job creation at the top of the agenda.

Some love the soaring Euro, and some hate it. It's good to see that after years and years Schroeder finally seems to give a shit about his people. Too little, too late really though as most people in the country don't like him and 20% want the Berlin wall back.

Tipped by: PrestoPundit