Even five years after losing his job, a sacked Norwegian worker can expect to take home almost three-quarters of what he did while employed, according to the oecd. The corresponding fraction is nearly two-thirdsin Belgium, butis much lower in most other OECD countries. Benefitsin America are not only less generous to begin with, but also expire after one yea r. Sweden and France both pay an unemployed person around two-thirds of his previous income in the first year of joblessness. Butalthough a French worker can expect benefits to provide nearly a third of what he earned in his lastjob even five years after he lost it, a Swede can expect only 8% of his previous income to be replaced.
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