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Chart of the day: Germany’s shrinking working-age population

I caught this FT graphic via David Wessel yesterday. It shows you that while the labour force in the Euro Zone as a whole generally continues to grow, the labour force in Germany has shrunk. During the euro era, Germany’s labour force between 15 and 64 has shrunk by 2% while the euro zone whole has increased by 7%. This could be one reason behind Germany’s record low unemployment levels. As unemployment continues to plague southern Europe, Germany is welcoming their best and brightest with open arms.

Germanys shrinking workforce

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.