EU- Germany's Job Boom

While the U.S. and the U.K. brace for spending cuts and austerity, Germany is in the midst of an economic boom.

Germany has emerged from the financial crisis faster and in far better shape than the rest of Europe. The German growth rate almost doubled in the first quarter of 2011; corporate profits have soared, and industrial production is expected to keep growing — at least for the rest of this year.

But as manufacturers add extra shifts, there's a new shortage of skilled workers — and that's led to renewed calls to ease restrictions on immigration.

EU-Digest