Column: Young, entrepreneurs victims of rigid employment regulation




For those 25 years of age and younger, joblessness remains a disaster both in the United States and elsewhere.

German chancellor Angela Merkel risked incurring the wrath of struggling Eurozone countries by saying unemployed youngsters must be prepared to move for work. Merkel was quick to add that it was unfair that young people have to pay the bill for something they did not cause.

Labor force flexibility offers a less desperate solution than requiring young job seekers to leave home or country.

 

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