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German unemployment is 3.2%. US unemployment is 4.0%. Neither of these are at all high by historical standards.

https://www.bls.gov/news.release/empsit.nr0.htm https://www.destatis.de/EN/Press/2024/06/PE24_217_132.html

Don't forget to take both of those stats with a grain of salt though. The US has a lot of gig workers which are not always counted correctly or the same and Germany has a large low-wage sector, where people are employed but earn less per month that they would get in unemployment benefits, and so the state pays the difference.

Sure, and I can only judge from what I'm hearing, but the internet does make it sounds like it's very hard to find programming jobs as a graduate or junior. I don't know what the truth is. Maybe it's just a minority crying out loud because they don't get hired at FAANG.

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