Scarcity drives employment growth

Abstract

"What is driving Germany's continued upturn in employment? It has been a while since Hartz reforms and business cycles have lost much of their importance for the labour market. Decisive for the upward trend is a self-reinforcing effect: in view of the increasing scarcity of labour, employers are securing valuable manpower for themselves." (Author's abstract, IAB-Doku) ((en))

Cite article

Klinger, S. & Weber, E. (2019): Scarcity drives employment growth. In: IAB-Forum No. 21.11.2019, o.Sz.