Thanks to low unemployment, employment agency in Germany, which administers the unemployment insurance recorded a execedent 5.4 billion. Euros in 2016, according to Les Echos. Most of the surplus goes to reserves, so that reach 11 billion euros.
Germany recorded late last year 43.5 million taxpayers, with 429,000 more than the previous year and a record level of reunification. The number of unemployed was limited to 2.7 million, which brought the unemployment rate to 6.1%.
The figures have nothing to arouse envy France in February which estimated a deficit of 4.2 bln. Euro in 2016 and a total debt of 30 trillion at the end.
This led both German Taxpayers Federation to immediately demand a reduction in contributions to unemployment, from 3 to 2.5% of gross salary (compared to 6.5% in 2007). Agency opposes such a measure, which would cost, by their own estimates, nearly 5 bln. Euro per year. "We must preserve reserves to withstand a potential term decline," said agency spokesman.
In Germany, insurance in case of illness recorded a surplus of 1.55 billion euros in the first three quarters of last year, and a reserve of more than 16 billion euros.
