From “the sick man of Europe” to the “German job miracle”: the German labour market has been performing extraordinarily well since 2005. Even in the crisis year 2009, when Germany’s gross domestic product shrunk by more than 5 per cent, its employment level remained more or less stable. In an interview for this magazine, IAB Director Joachim Möller explains the driving forces behind this remarkable success. This video is the first interview of a series of interviews with Joachim Möller that address selected aspects of the labour market in Germany (the German minimum wage; refugees and migration; young people; active labour market policy; and the digital revolution).

The interview was conducted by Hannah Ormerod.