Wrong stimuli: The German Employment Bureau and what businesses can learn from it

not for students not for graduates not for beginners for professionals for executives

 

One of the most renowned measures of the state of a national economy is the unemployment rate. Luckily, living in Germany we have had some luck during the biggest financial crises in 2008/2009 which resulted just in a slight increase of unemployment rate. Nowadays, the unemployment rate is as low as ever: Five percent was announced several days ago. Surely, there were some measures in place at the right time. The most effective measure was the reduced-hour work helping to buffer the layoff of the workers. This is something for another blog entry. Nevertheless, it is interesting to take a peek into the stimulus of the German Employment Bureau (Arbeitsagentur). What is their aim? How do they handle their goal? And why is the way they do it usually wrong? A small discussion about wrong stimuli in fixed processing systems.

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