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The labor market in Germany, 2000–2016

Author

Listed:
  • Hilmar Schneider

    (IZA, Germany)

  • Ulf Rinne

    (IZA, Germany)

Abstract

The EU’s largest economy, Germany, has managed to find an effective and unique combination of flexibility and rigidity in its labor market. Institutions that typically characterize rigid labor markets are effectively balanced by flexibility instruments. Important developments since 2000 include steadily decreasing unemployment rates (since 2005), increasing participation rates, and (since 2011) moderately increasing labor compensation. The German labor market has also been remarkably robust to the impacts of the Great Recession, thus providing a useful case study for other developed countries.

Suggested Citation

  • Hilmar Schneider & Ulf Rinne, 2017. "The labor market in Germany, 2000–2016," IZA World of Labor, Institute of Labor Economics (IZA), pages 379-379, July.
  • Handle: RePEc:iza:izawol:journl:2017:n:379
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Walwei, Ulrich & Deller, Jürgen, 2021. "Labor Market Participation of Older Workers in International Comparison," IAB-Discussion Paper 202116, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    2. Askitas, Nikos & Eichhorst, Werner & Fahrenholtz, Benedikt & Meys, Nicolas & Ody, Margard, 2018. "Industrial Relations and Social Dialogue in the Age of Collaborative Economy (IRSDACE)," IZA Research Reports 86, Institute of Labor Economics (IZA).
    3. Christian Dudel & Elke Loichinger & Sebastian Klüsener & Harun Sulak & Mikko Myrskylä, 2021. "The extension of late working life in Germany: trends, inequalities, and the East-West divide," MPIDR Working Papers WP-2021-018, Max Planck Institute for Demographic Research, Rostock, Germany.
    4. Ulrich Walwei & Jürgen Deller, 2021. "Labour Market Participation of Older Workers: Drivers and Obstacles," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(6), pages 341-347, November.

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    More about this item

    Keywords

    wages; unemployment; Germany; vocational training; regulation;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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