Nov 16th, 2009 by ravi
Paul Krugman explains unemployment: Germany vs the USA

Consider, for a moment, a tale of two countries. Both have suffered a severe recession and lost jobs as a result — but not on the same scale. In Country A, employment has fallen more than 5 percent, and the unemployment rate has more than doubled. In Country B, employment has fallen only half a percent, and unemployment is only slightly higher than it was before the crisis.

Don’t you think Country A might have something to learn from Country B?

read more at nytimes.com

Read the full post and comments »

Read Comments and Respond

No Responses

Pages

Categories

Activism

Bookmarks

Logic

Orgs

Philosophy