by Jim Rose in economic history, Euro crisis, fiscal policy, job search and matching, labour economics, labour supply, macroeconomics, unemployment, welfare reform Tags: equilibrium unemployment rate, Eurosclerosis, German unification, Germany, natural unemployment rate, poverty traps, unemployment duration, unemployment insurance, welfare state

German long term unemployment has been pretty stable albeit with an up-and-down after German unification. There is also a fall in long-term unemployment after some labour market reforms around 2005.

Source: OECD StatExtract.