Economy
East Frisia is a rural area. However, there are some industrial sites like the largest industrial complex which is the Volkswagen car factory in Emden. Leer is, after Hamburg, the second most important location for shipping companies in Germany. Although just on the other side of the border to Emsland, the Meyer Werft is an important employer for East Frisians as well. Main industrial sites are the harbour towns of Emden and Leer, and Wilhelmshaven east of East Frisia.
Around 1900, many people left East Frisia due to lack of jobs and emigrated to the United States or elsewhere. Today the region is again suffering from the loss of young educated people, who go away to find better employment in, for example, southern Germany. Many communities face a rising number of aged people, creating structural problems in the future. There are few academic jobs in the area, and those are focused on engineering. The closest universities are in Oldenburg and Groningen.
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)