Leading indicator for unemployment and employment in Germany : IAB labour market barometer 2.0

Abstract

"Besides unemployment, employment is equally important for the labour market. Especially during the previous years, in Germany both variables performed rather differently, with employment experiencing a much stronger development than unemployment. The IAB labour market barometer that has been signalling the development of seasonally adjusted unemployment in the short term so far, is now upgraded to a more comprehensive leading indicator for the German labour market: From now on, it comprises - together with an outlook on unemployment (component A) - also an outlook on employment (component B). The IAB labour market barometer itself is calculated as the average of the partial indicators. This Brief Report shows how the new component B is constructed and how it performs in terms of forecast accuracy." (Author's abstract, IAB-Doku) ((en))

Cite article

Hutter, C., Weber, E., Schmidt, K. & Delfs, S. (2016): Frühindikator für Arbeitslosigkeit und Beschäftigung: IAB-Arbeitsmarktbarometer 2.0. (IAB-Kurzbericht 09/2016), Nürnberg, 6 p.