Only two percent—or one in fifty—nonwhite invaders who have entered Germany over the past few months stands any hope of getting work, and this will seriously aggravate the unemployment problem there, according to one of Germany’s leading economic think tanks.
The Kiel-based Institute for World Economy (IfW) said in a forecast that the stream of “refugees” will cause the German labor market to be burdened with hundreds of thousands of unemployed—who will all have to remain welfare recipients for the foreseeable future.
The forecast also predicted that there would be at least another one million refugees each year in 2016 and 2017, in addition to those who have already come.
According to an economist at the IfW, Dominik Groll, the influx of “refugees” will increase the available pool on the labor market by 2017 to over 470,000.
“But many will have no chance on the job market,” he said. “An employment rate of two percent is consistent with the previous experience in Germany of immigrant integration programs, particularly from asylum seekers,” he said.
“This means that out of more than two million refugees, only about 94,000 will actually find paid work,” he continued.
The invaders’ low employment prospects were confirmed by Professor Ludger Wößmann, director of the Ifo Center for the Economics of Education in Munich.
In an interview with Die Zeit newspaper, he said that his research had shown that most of the invaders have a “miserable” education, and that at least two-thirds of them cannot even read or write.
Describing them as “functionally illiterate,” Professor Wößmann said that “two-thirds of students in Syria have very limited reading and writing ability.
“They can only solve the simplest of arithmetic problems. This means that these students, even if they have learned German, will barely be able to follow a school curriculum.”
Another IfW estimate of the costs of the nonwhite invasion to the German taxpayer has said that the basic expenses involved will be around 55 billion euros ($60 billion) a year.
That forecast was however made on the assumption that 30 percent of the invaders would return to their homeland, and only another 20 percent would have trouble finding a job.
The true cost of the nonwhite invasion of Germany is therefore likely to be several times higher than the IfW prediction—and will ultimately break the power of the German economy.
Source Article from http://newobserveronline.com/only-2-of-invaders-will-work/
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