Unemployment: Germany vs. the U.S.

By Greg Scoblete
September 20, 2011

Germany and its export-driven economy have been held up as something of a model for the U.S. as it struggles to rebound from its recession, so it's interesting to note that high unemployment is also a fairly persistent feature of the German model. Although I think this IMF forecast is way too optimistic on the U.S. unemployment rate through 2015, so perhaps the trend is reversing.

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