The Labour Market in Germany: Reforms, Recession and Robustness

Enzo Weber

De Economist, 2015, vol. 163, issue 4, 472 pages

Abstract: This article discusses the German labour market development during the Great Recession as well as in the years before and until 2015. Germany’s labour market witnessed a strong upswing during the recent decade and performed remarkably well in the Great Recession. Structural reforms before the crisis had improved the functioning of the labour market and initiated a solid upward trend that also helped overcome the crisis. High establishment-level flexibility allowed buffering the severe drop in GDP. While the employment upswing continued until today, critical developments concerned the increase in atypical jobs, weak wage growth and rising inequality. Copyright Springer Science+Business Media New York 2015

Keywords: Labour market; Germany; Unemployment; Great Recession; Hartz reforms; E32; J23; J64 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (14)

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DOI: 10.1007/s10645-015-9262-z

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