There are a lot of differences to the US, but also a lot of similarities. In some ways it is still much better, it can’t be denied that there are still many more regulations that protect workers and greatly increase the quality of life, things like guaranteed paid vacation time, maternity and sick leave, certain protections against being fired without reason, etc. But the point is the long term trend which has been everywhere from the UK to Germany to Scandinavia toward a slow dismantling of the post war social democratic consensus and adoption of US-like neoliberal practices but “with European characteristics”.