Germany offers a promising jobs model

Abstract

Donald Trump and Hillary Clinton both maintain that foreign competition and unfair trade practices hurt the U.S. Yet the problems of many American workers come not from the global market, but from poor training. The success of Germany, which faces competition from developing countries, shows that well-trained workers can thrive amid pressure from abroad.

Cite article

Lazear, E. & Janssen, S. (2016): Germany offers a promising jobs model. Germans with vocational apprenticeships earn 92% of the average wage. In: The Wall Street Journal No. 08.09.2016, p. 1-1.