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How Germany retained jobs despite downturn — and what it means for us

By Zachary Roth

As the United States struggles to replace the 8 million jobs lost in the Great Recession, it makes sense to look at the one developed nation that came out of the global downturn with lower unemployment than it had going in: Germany.You'd expect Germany's jobs problem to have been more severe than America's. After all, the recession's impact on the German economy was greater than it was in the United States. German GDP declined by 3.8 percent, compared to 2.6 percent over here. And in response, Germany's government provided much weaker fiscal and monetary stimulus than America's did.
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http://whiskeyandgunpowder.com/germanys-stable-economy/