Germany’s welfare state has unlimited unemployment benefits that are actually a lot like a UBI. It is basically 400 Euros plus rent for a cheap place. There’s a lot of nagging and hoops to jump through from the agency that gives you the money, but as long as you do those you never need to work.
And still, Germany’s unemployment rate is 4,2% right now, the US unemployment rate is 4,9%. How do you explain that?
Germany’s welfare state has unlimited unemployment benefits that are actually a lot like a UBI. It is basically 400 Euros plus rent for a cheap place. There’s a lot of nagging and hoops to jump through from the agency that gives you the money, but as long as you do those you never need to work.
And still, Germany’s unemployment rate is 4,2% right now, the US unemployment rate is 4,9%. How do you explain that?