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Workers Likely to Fare Better in Nations With Coronavirus Job-Retention Programs

WASHINGTON—Workers in Germany and Japan are likely to weather an expected coronavirus-induced global recession better than their U.S. peers, thanks in part to stronger job-retention programs, recent data suggest.

Germany’s jobless rate will average just 3.9% this year, up from 3.2% in 2019, the International Monetary Fund projected this month. In Japan, the rate is forecast to rise to 3% from 2.4%. But in the U.S., it is expected to jump to 10.4% from 3.7% in 2019.

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