Artikel

The labor market in Germany, 2000–2016

The EU’s largest economy, Germany, has managed to find an effective and unique combination of flexibility and rigidity in its labor market. Institutions that typically characterize rigid labor markets are effectively balanced by flexibility instruments. Important developments since 2000 include steadily decreasing unemployment rates (since 2005), increasing participation rates, and (since 2011) moderately increasing labor compensation. The German labor market has also been remarkably robust to the impacts of the Great Recession, thus providing a useful case study for other developed countries.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2017 ; Bonn: Institute for the Study of Labor (IZA)

Classification
Wirtschaft
Macroeconomics: Production
Personnel Economics: Training
Subject
wages
unemployment
Germany
vocational training
regulation

Event
Geistige Schöpfung
(who)
Schneider, Hilmar
Rinne, Ulf
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2017

DOI
doi:10.15185/izawol.379
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Schneider, Hilmar
  • Rinne, Ulf
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2017

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