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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST
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To: dybdahl who wrote (65471)8/18/2010 4:51:25 AM
From: elmatador   of 218052
 
Denmark Starts to Trim Its Admired Safety Net. the jobless receive ample support. But those benefits have been tightened: in June, unemployment payments were limited to two years from four.

For years, Denmark was held out as a model to countries with high unemployment and as a progressive touchstone to liberals in the United States. The Danes, despite their lavish social welfare state, managed to keep joblessness remarkably low.

But now Denmark, which allows employers to hire and fire at will while relying on an elaborate system of training, subsidies for those between jobs and aggressive measures to press the unemployed into available openings, is facing its own strains. As a result, it is beginning to tighten up.

nytimes.com
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