Apr 04

German Dual-System Model Solution for U.S. Unemployment?

Currently Spain and Greece are suffering from a greater than 50% unemployment rate for youth ages 18-25, while Germany’s youth are unemployed at a tiny fraction of that rate, 7.8%. Germany employs a dual-system in which those with the grades and the desire to pursue formal higher education are able to do so, while those with lesser grades or a desire to enter the trades or seek specialized technical training are encouraged and subsidized to enroll in technical schools and apprenticeship programs.

Read a report on the program here.

The United States as well as the rest of the world is suffering from a massive shortage of skilled tradespeople. The United States should be building the groundwork for a system similar to that of Germany, and it should do so soon.