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All articles for: financial-crisis

Construction worker resting on concrete reinforcing bars.
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January 15, 2026 | Labour Market Policy

Minimum wage and job reallocation: The hidden role of financial constraints

Ahmet Ali Taskin, Britta Gehrke

The introduction of Germany’s minimum wage in 2015 did not cause substantial changes to overall employment; rather, it triggered large shifts in the... Read more

Portrait Eva Strobel
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February 28, 2023 | Consequences of the COVID-19 Pandemic

“Short-time work proved to be a highly effective instrument in times of crisis.”

Martin Schludi

In Germany, short-time work has played a crucial role in stabilising the labour market both in the financial and the coronavirus crisis. At... Read more

The picture shows several files on a shelf with the title "Kurzarbeit" (short time allowance)
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December 16, 2020 | Labour Market Trends and Forecasts

Short-time work, layoffs, and new hires in Germany: how the corona crisis differs from the financial crisis of 2009

Enzo Weber

The corona crisis has impacted the German economy and labour market much more heavily than the financial crisis of 2009. Nevertheless, the number... Read more

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December 1, 2017 | International Labour Markets

The German Employment Performance in an International Context

Thomas Rhein, Enzo Weber

If you want to use a single indicator to understand how the German labour market compares internationally, then the employment rate is a... Read more