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Economic Growth

Workers

Work Sharing: A Win for Both Employees and Employers

In their new book, Jared Bernstein and CEPR's Dean Baker feature work sharing (a.k.a. short-time compensation) as a way to have more jobs in this economy. They highlight the program's striking success in Germany, where "its unemployment rate has actually fallen by more than 2.0 percentage points from its pre-crisis level, in spite of the fact that its economic growth has been no better than that of the United States."

CEPR and / December 03, 2013