All articles about: financial crisis 

28. February 2023 | Consequences of the COVID-19 Pandemic

“Short-time work proved to be a highly effective instrument in times of crisis.”

Martin Schludi

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

, Enzo Weber

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

Thomas Rhein , Enzo Weber

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