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Neue Arbeitsmarktprognose 2011: Rekorde und Risiken (New labour market forecast 2011: records and risks)

Johann Fuchs, Markus Hummel, Sabine Klinger, Eugen Spitznagel, Susanne Wanger, Enzo Weber and Gerd Zika
Additional contact information
Johann Fuchs: 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
Susanne Wanger: Institute for Employment Research (IAB), Nuremberg, Germany
Gerd Zika: Institute for Employment Research (IAB), Nuremberg, Germany

No 201107, IAB-Kurzbericht from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]

Abstract: "Despite massive labour hoarding during the international crisis 2008/09, the quick and sustainable recovery in Germany is not to be classified as jobless growth - employment started to grow immediately. The economic expansion will continue in 2011, but at a lower rate. Assuming GDP growth to amount to 3 percent, we forecast a sharp increase in employment (+360.000) and decrease in unemployment (-320.000). On yearly average, employment at 40.84 million and unemployment at 2.93 million will reach their optimum values after 1991. At the moment, any forecast is restricted to the pre-condition, that the serve risks stemming from high public debt in European Monetary Union member states, civil disturbance in Northern Africa, the natural and nuclear catastrophes in Japan, or inflation will not come true." (Author's abstract, IAB-Doku) ((en))

Keywords: Bundesrepublik Deutschland; Beschäftigungsentwicklung; stille Reserve; Arbeitskräfteangebot; Arbeitskräftenachfrage; Arbeitslosigkeit; Unterbeschäftigung; Arbeitsmarktprognose; Wirtschaftsentwicklung; Arbeitsvolumen; Arbeitszeitentwicklung; 2010-2011 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2011
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