Short-time work: The German answer to the Great Recession

Arbeitspapier

Short-time work was the German answer to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have risen by approximately twice as much as it actually did. Short-time work has certainly contributed to the mild response of the German labor market to the crisis, but this is likely due to the country-specific context. Although the crisis has been overcome and employment is strongly expanding, modified regulations governing short-time work are still in place. This leads to undesired side effects.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 5780

Classification and Topics

• Classification: Wirtschaft ; Unemployment Insurance; Severance Pay; Plant Closings ; Mobility, Unemployment, and Vacancies: Public Policy
• Subject: labor market policy ; partially unemployed workers ; short-time work compensation ; economic crisis

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Brenke, Karl ; Rinne, Ulf ; Zimmermann, Klaus F.
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/51638
• URN: urn:nbn:de:101:1-20110621407
• Last update: 10.03.2025, 11:42 AM CET