WSJ: Differences Between Jobless Benefits In Europe and US

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Fascinating article on the front page of today’s WSJ on the difference in jobless benefits and total wage tax burdens in Europe and the US: “US, Europe Are Ocean Apart On Human Toll Of Joblessness” (subscription required).

In Europe, wage related taxes are much higher – but they fund more substantial jobless benefits.



The article tells the stories of Albert Butt, who lost his German auto parts job, and Dylan DeRoberts who lost similar work  at a Chrysler assembly plant in Belvedere, Illinois.

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