Economy and labor market in view of the Corona crisis as well as the importance of the short-time work allowance and the reserve policy of the Federal Employment Agency. IAB Statement on the hearing at the German Council of Economic Experts on October 8, 2020

Abstract

"In preparation for the Annual Report 2020/2021 of the German Council of Economic Experts, the IAB was asked to provide its expertise on the economy and the situation of the German labor market as well as on the importance of the short-time work allowance and the reserve policy of the Federal Employment Agency in view of the Corona crisis. The findings presented by the IAB in autumn 2020 are summarised in this statement." (Author's abstract, IAB-Doku) ((en))

Cite article

Weber, E. & Hummel, M. (2020): Konjunktur und Arbeitsmarkt angesichts der Corona-Krise sowie Bedeutung des Kurzarbeitergeldes und der Rücklagenpolitik der Bundesagentur für Arbeit. Stellungnahme des IAB zur Anhörung beim Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung am 8. Oktober 2020. (IAB-Stellungnahme 08/2020), Nürnberg, 12 p.