15. January 2026 | Labour Market Policy
All articles about: financial crisis
The introduction of Germany’s minimum wage in 2015 did not cause substantial changes to overall employment; rather, it triggered large shifts in the composition and allocation of types of ...read more
28. February 2023 | Consequences of the COVID-19 Pandemic
“Short-time work proved to be a highly effective instrument in times of crisis.”
In Germany, short-time work has played a crucial role in stabilising the labour market both in the financial and the coronavirus crisis. At the same time, the administration of short-time allowance ...read more
16. December 2020 | Labour Market Trends and Forecasts
Short-time work, layoffs, and new hires in Germany: how the corona crisis differs from the financial crisis of 2009
The corona crisis has impacted the German economy and labour market much more heavily than the financial crisis of 2009. Nevertheless, the number of layoffs has so far been limited compared to the ...read more
1. December 2017 | International Labour Markets
The German Employment Performance in an International Context
If you want to use a single indicator to understand how the German labour market compares internationally, then the employment rate is a fitting measure to use. It gives the proportion of the working ...read more
24. August 2017 | International Labour Markets
Recent book publication: Productivity Puzzles Across Europe
The economic shock of the financial crisis rivalled that of the Great Depression following the Wall Street Crash of 1929 in terms of the decline in economic output across the world. However, the ...read more