Sep 16, 2011 — The unemployment rate in Germany is just 6 percent -- and it's declining. We spent a week in Germany learning their secret recipe.
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Marchers demonstrate against the German labor reforms, known as Hartz IV. (November 5, 2005) (Getty Images)
Germany's Painful Solution To High Unemployment
Sep 16, 2011 — The unemployment rate in Germany is just 6 percent -- and it's declining. We spent a week in Germany learning their secret recipe.The unemployment rate is disastrously high in the U.S. and much of Europe. But the rate in Germany is just 6 percent — and it's declining.
We spent a week in Germany learning their secret recipe. On today's show, we hear the how country transformed its labor market a few years back — and how it still has the scars to prove it.
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