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Entwicklung des Arbeitsmarktes 2010: Die Spuren der Krise sind noch länger sichtbar (Labour market 2010: No speedy recovery from the crisis)

Author

Listed:
  • Fuchs, Johann

    (Institute for Employment Research (IAB), Nuremberg, Germany)

  • Hummel, Markus

    (Institute for Employment Research (IAB), Nuremberg, Germany)

  • Klinger, Sabine

    (Institute for Employment Research (IAB), Nuremberg, Germany)

  • Spitznagel, Eugen

    (IAB)

  • Wanger, Susanne

    (IAB)

  • Zika, Gerd

    (Institute for Employment Research (IAB), Nuremberg, Germany)

Abstract

"In 2010 the German economy is slowly recovering from the worldwide financial crisis. Unlike 2009, as companies tended to hoard labour enormously and employment was not really affected by the crisis, it seems to be more realistic that employment will decrease in 2010. In the mean variant of our short term projection, where a GDP growth of 1 3/4 % is assumed, employment will fall by 230.000 persons. In difference to 2009 the potential of a further reduction in working hours seems to be exhausted. Furthermore, the demographic development will reduce labour supply by 110.000 persons. All in all, registered unemployment will rise by 120.000 persons up to a yearly average of 3.5 million." (Author's abstract, IAB-Doku) ((en))

Suggested Citation

  • Fuchs, Johann & Hummel, Markus & Klinger, Sabine & Spitznagel, Eugen & Wanger, Susanne & Zika, Gerd, 2010. "Entwicklung des Arbeitsmarktes 2010: Die Spuren der Krise sind noch länger sichtbar (Labour market 2010: No speedy recovery from the crisis)," IAB-Kurzbericht 201003, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    • Handle: RePEc:iab:iabkbe:201003
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    References listed on IDEAS

    as
    1. Boysen-Hogrefe, Jens & Jannsen, Nils & Meier, Carsten-Patrick, 2010. "The ugly and the bad: banking and housing crises strangle output permanently, ordinary recessions do not," Kiel Working Papers 1586, Kiel Institute for the World Economy (IfW Kiel).
    2. repec:bla:germec:v:10:y:2009:i::p:284-316 is not listed on IDEAS
    3. René Fahr & Uwe Sunde, 2009. "Did the Hartz Reforms Speed‐Up the Matching Process? A Macro‐Evaluation Using Empirical Matching Functions," German Economic Review, Verein für Socialpolitik, vol. 10(3), pages 284-316, August.
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