Flexicurity's Performance: High Employment, Low Unemployment

The U.S. labor market is stagnant right now, with little hiring and lots of people holding onto their jobs for dear life. In Denmark, there’s a different kind of labor system where it’s easy for employers to hire and fire, but at the same time people have a strong safety net in-between jobs. Today on the show, we learn how “flexicurity” works through the story of a Danish woman who left her job, and we ask how the model could work in the U.S. 

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Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jones. Translation from Jasmine Lolila. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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