P.M. BRIEFING : Economics Still Divides Germany
- Share via
BONN — The economic gulf between the eastern and western parts of newly unified Germany is widening dramatically, according to new statistics issued today.
The figures show that inflation is rising and umemployment is falling in the west, while joblessness is rising rapidly in the eastern part of the country.
West German inflation rose 0.7% in October, bringing the cost of living 3.3% above its level one year ago. Separate figures for eastern Germany were not given.
Unemployment in former East Germany jumped to 6.1% in October from 5% a month earlier.
A total of 537,800 former East Germans were unemployed, compared with 444,825 in September, but workers on state-funded short-time work were steady at 1.77 million.
In former West Germany, unemployment continued to ease, falling to 6.5% from 6.6% in September. The jobless number fell to 1.69 million from 1.73 million.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.