Almost 1 in 5 Germans is ‘at risk of poverty’ despite record employment – study Germany may be Europe’s biggest and strongest economy and is enjoying record employment, but one-fifth of its citizens are struggling to make ends meet, a new study reveals.
Even though the unemployment rate in Germany has fallen to record lows, many people still do not earn enough to pay their bills and keep themselves above the poverty line. Some 13.1 million Germans, roughly 16.1 percent of the population, are threatened by poverty precisely because of their low monthly income. People are considered to be at risk of poverty if their total income amounts to less than 60 percent of an average income in their country. In the case of Germany, it amounts to €1,096 ($1,243) for a single person per month and €2,302 ($2,611) for a family of two adults and two children under 14.
https://prestonbusinessreview.com/almost-1-in-5-germans-is-at-risk-of-poverty-despite-record-employment-study/22863/
Even though the unemployment rate in Germany has fallen to record lows, many people still do not earn enough to pay their bills and keep themselves above the poverty line. Some 13.1 million Germans, roughly 16.1 percent of the population, are threatened by poverty precisely because of their low monthly income. People are considered to be at risk of poverty if their total income amounts to less than 60 percent of an average income in their country. In the case of Germany, it amounts to €1,096 ($1,243) for a single person per month and €2,302 ($2,611) for a family of two adults and two children under 14.
https://prestonbusinessreview.com/almost-1-in-5-germans-is-at-risk-of-poverty-despite-record-employment-study/22863/
No comments:
Post a Comment