Rigid Economies

Bloomberg:

Thomas Koerber, an engineering technician from Viernheim, Germany, was looking for a new job. He found it -- 4,700 miles away, in Canada.

"I looked around, found a job I liked in Canada, and left Germany within two months,'' Koerber, 39, said in a telephone interview from Calgary. "If I can get a better job abroad, and if I'm being treated better, I'm gone.''

Koerber is one of 145,000 Germans who fled the fatherland last year amid record postwar unemployment, pushing emigration to its highest level since 1954, Federal Statistics Office figures show. Last year was also the first since the late 1960s that emigrants outnumbered Germans returning home from living abroad, the statistics office said.

...

Unemployment reached 5.2 million, the highest level since World War II, in February 2005. Joblessness has declined since Chancellor Angela Merkel's coalition government of Christian Democrats and Social Democrats took office last November. Still, the unemployment rate stood at 8.2 percent in June, according to internationally comparable figures published by the Organization for Economic Cooperation and Development. By the OECD's reckoning, the jobless rates in neighboring Austria and Switzerland were 4.9 percent and 4.3 percent, respectively.