Arbeitsmarkt-Projektion 2010: Die Krise wird deutliche Spuren hinterlassen (Labour market forecast 2010: Economic crisis will leave its mark on the German labour market)

Hans-Uwe Bach, Markus Hummel, Sabine Klinger, Eugen Spitznagel and Gerd Zika
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Hans-Uwe Bach: Institute for Employment Research (IAB), Nuremberg, Germany
Markus Hummel: Institute for Employment Research (IAB), Nuremberg, Germany
Sabine Klinger: Institute for Employment Research (IAB), Nuremberg, Germany
Eugen Spitznagel: Institute for Employment Research (IAB), Nuremberg, Germany
Gerd Zika: Institute for Employment Research (IAB), Nuremberg, Germany

No 200920, IAB-Kurzbericht from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]

Abstract: "Up to August 2009, the German labour market was almost unaffected by the economic crisis. Companies have tended to hoard labour in an unprecedented amount. Thus, productivity per hour and working time fell dramatically, whereas unit labour costs increased sharply. Since labour hoarding is costly and GDP growth is expected to rise by only 0.5 percent in 2010, the number of dismissals will probably increase during the Autumn and Winter of 2009/2010. As a consequence, employment may fall by 830,000 persons in 2010 and unemployment may rise by 640,000 persons up to a yearly average of 4.1 million. The short report forecasts and explains the developments on the German labour market in the near future." (Author's abstract, IAB-Doku) ((en))

Keywords: Bundesrepublik Deutschland; Beschäftigungsentwicklung; Jahresarbeitszeit; Lohnstückkosten; Personalanpassung; Produktivitätsentwicklung; Arbeitslosigkeit; Unterbeschäftigung; Arbeitsmarktprognose; 1991-2010 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2009
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