The short-time work benefit is credited for Germany avoiding a rise in unemployment in 2009
Referred to by some economists as one of Germany’s most successful exports, Kurzarbeit, the short-time work benefit, is a scheme which came into its own during the global financial crisis of 2008-9 when it brought stability to the country’s labour market. Germany was the only G7 economy to avoid a rise in joblessness in 2009 and Kurzarbeit receives much of the credit for that achievement.
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