Why old people in Germany have such a hard time finding work

The Economist just published a special on the problem of the ageing workforce (free for all). The whole article is worth a read, but the following piece of trivia caught me in particular: Britain and Germany used to have more or less the same unemployment rate for people aged 50-65. Not any more, today (2003) the rate is 3.3% for Britain and 9.7% for Germany. And now look at what people earn: In Germany, 50-65-year-old earn 60-70% more on average than 25-30-year-old, but in Britain, it’s roughly the same!

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Google Zeitgeist 2005 Released

Google has the not so well-known Zeitgeist project that looks at what’s going on through the spyglass of searches. They just released the Zeitgeist for 2005, as the end of the year approaches. It shows how the search for Weapons of Mass Destruction correlates with the US presidential elections, or how Wikipedia gained momentum this year.

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