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Policies for long-term unemployed in Denmark

Mark Johnston

12th September 2010

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Here is an intersting clip from the New York Times website that looks at the Danish model for dealing with the unemployed.

In Denmark unemployment is at 4.2% which is well below the EU average of 9.7%. When you become unemployed you are guaranteed 70% of your income for 2 years – was 4 years before the financial crisis.

They also spend big money on education and training. How do they fund this? Income tax rates range from 42.9% – 63% and not surprisingly it is the most taxed country in the world. Click here to go to the video on the NYT site

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Mark Johnston

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