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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.


#306: Germany's Painful Solution To High Unemployment

September 17th, 2011

Episode 409 of 964 episodes

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.

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