Germans worried about the future, job security

28th April 2005, Comments 0 comments

28 April 2005, BERLIN - Germans are worried about the future and the possibility of losing their jobs, with less than a third believing they will be able to live well in Germany in five to ten years' time, a new study reveals.

28 April 2005

BERLIN - Germans are worried about the future and the possibility of losing their jobs, with less than a third believing they will be able to live well in Germany in five to ten years' time, a new study reveals.

The Perspective-Deutschland study, generally seen as a barometer of how satisfied people are with their lives, is the world's biggest social-political online survey and was conducted by the consultancy McKinsey together with the magazine Stern, the television station ZDF, and the internet company AOL. More than 500,000 people took part in the fourth annual survey, conducted between September 2004 and January 2005, with the results announced in Berlin on Wednesday.

The survey shows a significant decrease in satisfaction with life among Germans. According to the 2003 survey, 65 percent of citizens were satisfied, as opposed to only 60 percent now. Job security is a major worry for Germans, with 42 percent concerned about losing their jobs, up from 35 percent in 2003. 60 percent of respondents believe that their personal financial situation is getting worse. and only 28 percent believe that they will be able to live well in Germany in five to ten years' time.

The study reveals that Germans are also less satisfied with their place of residence, particularly in west Germany. In 2003, 76 percent were satisfied with the place where they lived, as opposed to 72 percent now. 52 per cent of the population in Germany's eastern states are happy with the place where they live, up from 41 percent in 2003.

Munich and Stuttgart are still the most popular cities in Germany. However the cities of the former GDR also have their fans, with Leipzig being ranked fourth out of 15 cities in terms of future potential.

"Germans' level of life satisfaction is falling and their worries are increasing," said former German president Richard von Weizsäcker, the survey's patron. "Many citizens are worried that unemployment is more likely to go up than down. Politicians should concentrate on job creation, which is the highest priority."

[Copyright Expatica News 2005]

Subject: German news

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