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Parität zwischen Vakanzen und Arbeitslosen am deutschen Arbeitsmarkt fast erreicht
[Parity in the German Labour Market Nearly Achieved]

Author

Listed:
  • Alexander Kubis

    (Institut für Arbeitsmarkt- und Berufsforschung)

Abstract

With 1.9 million vacancies available to 2.3 million registered unemployed persons, parity in the German labour market has almost been achieved. Such parity however may produce labour shortages that go far beyond small bottlenecks, which are limited to particular regions and industries. In the short term, labour demand may be curtailed by temporary risks such as an energy crisis. In the medium term however, projections indicate that demographic change will significantly reduce the labour supply. Maintaining the current high level of economic activity therefore requires an all-out effort to raise the potential supply of skilled workers. (Re-)training and further education are but two elements of such an effort that work by also reducing the skill-based mismatch that has risen from ecological and technological change.

Suggested Citation

  • Alexander Kubis, 2022. "Parität zwischen Vakanzen und Arbeitslosen am deutschen Arbeitsmarkt fast erreicht [Parity in the German Labour Market Nearly Achieved]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(9), pages 680-682, September.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:9:d:10.1007_s10273-022-3280-7
    DOI: 10.1007/s10273-022-3280-7
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    References listed on IDEAS

    as
    1. Mario Bossler & Martin Popp, 2022. "Labor Demand on a Tight Leash," Papers 2203.05593, arXiv.org, revised Feb 2024.
    2. Klinger, Sabine & Weber, Enzo, 2020. "GDP-employment decoupling in Germany," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 82-98.
    3. repec:iab:iabfob:202210(de is not listed on IDEAS
    4. Studtrucker, Maximilian & Kalinowski, Michael & Schneemann, Christian & Söhnlein, Doris & Zika, Gerd, 2022. "QuBe-Bevölkerungsprojektion für die Kreise und kreisfreien Städte Deutschlands," IAB-Discussion Paper 202219, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    5. Kruppe, Thomas & Mühlhan, Jannek & Weber, Enzo & Wiemers, Jürgen, 2019. "Gesamtfiskalische Wirkungen von Weiterbildungsförderung: Öffentliche Ausgaben generieren hohe Rückflüsse," IAB-Kurzbericht 201908, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    6. Markus Hummel & Christian Hutter & Enzo Weber, 2022. "Wie die Materialengpässe den Arbeitsmarkt treffen [How Material Shortages are Affecting the Labour Market]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(4), pages 316-318, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    J22; J23; E27;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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