Abstract
The recent financial crisis caused a global recession that affected the economies of both the United States and Germany. While the ranks of jobless workers expanded in the U.S. and unemployment remain high, Germany’s labor market was less affected by the recession because of its success with Kurzarbeit, a work sharing program. Germany’s experience with Kurzarbeit can provide the United States with useful insights to improve its own version of work sharing—short-time compensation—to better combat unemployment.
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Metadata
- Subject
Labor and Employment Law
- Journal title
Boston College International and Comparative Law Review
- Volume
35
- Issue
2
- Pagination
481
- Date submitted
7 September 2022