Abstract
Unemployment is undisputedly the most pressing problem facing the German economy. Since 1993 German unemployment rates have been rising continuously higher than the OECD average. In February 1997 almost 4.7 million Germans were looking for work, representing an unprecedented national unemployment rate of 12.2 percent. High unemployment has strong implications for federal, state, and municipal budgets through reduced tax and social insurance revenues and increased demands on the unemployment insurance and welfare system.
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Riphahn, R.T., Bauer, T. (1998). Labor Demand, Unemployment, and the Cost of Social Insurance Schemes in Germany. In: Black, S.W. (eds) Globalization, Technological Change, and Labor Markets. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4965-9_9
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DOI: https://doi.org/10.1007/978-1-4615-4965-9_9
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