Germany keep its unemployment low by voluntary and subsidized employment , says Marx . He says deep recession and high unemployment tear into the fabric of society . The policies needed to combat unemployment in Germany are against the thrust of fiscal consolidation .
Germany keep youth unemployment low by apprentices and subsidized employment , writes Pissarides . Pissarides says deep recession and high unemployment tear into the fabric of society . The policies needed to combat unemployment in Europe go against the thrust of fiscal consolidation .