: In 2015, GDP growth was also 1.7 percent, up marginally from 1.6 percent in 2014, the report said, according to Deutsche Welle. Its main basis for optimism was the country healthy employment situation, with 43 million people in work in 2015 - a new record high, and the ninth year in a row that the total number of employed people increased. The report, entitled "Securing the future - using the digital transformation as an opportunity," projected 1.7 percent real GDP growth in 2016, down marginally from the previous forecast of 1.8 percent. Unemployment is expected to remain stable at 6.4 percent. "The German economy is fundamentally in good shape," the report said. "In the economy as a whole, production capacity utilization is at normal levels. Wages rose in 2015, and pay packets are expected to rise by a further 2.6 percent in 2016. The situation on the labor market remains positive." The main reason for the rosy picture was domestic spending, including increases in both private household spending and government spending.
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