Jobs

Germany's Painful Solution To High Unemployment

Marchers demonstrate against the German labor reforms, known as Hartz IV. (November 5, 2005)

hide captionMarchers demonstrate against the German labor reforms, known as Hartz IV. (November 5, 2005)

Sean Gallup/Getty Images

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.

Subscribe to the podcast. Music: Tegan and Sara's "I Hear Noises." Find us: Twitter/ Facebook.

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