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... war, Western Germany had a considerable unemployment rate due to the war and economic disorganization. However, after the economic recovery in 1948, Germany reconstruction was so rapid that unemployed and refugees found jobs. During the fifties, even three millions of refugees from the German Democratic Republic were given jobs in Western Germany. During the fifties, Germany became the most rapidly growing country in the world with the average of eight percent per year, as productivity of other countries was used for armament because of the Korean War, especially United States'. Finally, by the late fifties, serious labor shortage was being felt as we see on the table 1, which shows the growth in Germany. Vacancies, which were 116,000 in 1950 rose to 200,000 and the unemployed persons declined from 1.580.000 to 928.000 in 1955. Table 1: Unemployment rate and vacancies 1950 1955 1960 1962 1965 UNEMPLOYMENT RATE (%) 3.9 1.0 0.6 0.5 UNEMPLOYED PERSONS 1.580.000 928.000 271.000 181.000 147.000 VACANCIES 116.000 200.000 465.000 574.000 649.000 Therefore, in order to make up ...