Beschreibung

"Many establishments both hire and lay off within a short time window, resulting in 'churn'. This column uses a newly constructed dataset to show that the rate of churn in Germany is high and can be up to 40% greater in booms compared to recessions. Both establishments that are shrinking and those that are growing hire more and lay off more in booms than in recessions." (Author's abstract, IAB-Doku) ((en))