Forecast 2010/2011: German labour market continues pre-crisis progression

Abstract

"This brief report deals with the main reasons for the moderate response of the German labour market to the worldwide crisis. From that starting point, it outlines the short-term forecast for labour supply and demand: The situation on the labour market will continue to improve, but at a lower rate. Employment is expected to reach its highest point at 40.63 million in 2011. Since the labour supply will fall by 120,000 people in 2011, unemployment will probably decrease below 3 million." (Author's abstract, IAB-Doku) ((en))

Cite article

Fuchs, J., Hummel, M., Klinger, S., Spitznagel, E., Wanger, S. & Zika, G. (2010): Prognose 2010/2011: Der Arbeitsmarkt schließt an den vorherigen Aufschwung an. (IAB-Kurzbericht 18/2010), Nürnberg, 12 p.