Germany has the lowest Youth unemployment

Discussion in 'Economics' started by noob_trad3r, Apr 4, 2012.

  1. http://www.npr.org/2012/04/04/149927290/the-secret-to-germanys-low-youth-unemployment

    About 60 percent of German high school graduates travel the same path as Dittmar, choosing vocational over academic education. Throughout his training, Lufthansa pays Dittmar the equivalent of $1,000 a month, one-third of the starting wage a qualified mechanic would get. That's part of the system that some foreign visitors can't comprehend, director Meinhold says.

    America used to be this way.