1. Germany’s New Labor Market Miracle Prof. Dr. Klaus F. Zimmermann IZA, DIW Berlin und University of Bonn Stockholm, Sweden March 24, 2009
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4. Evolution of the German Labor Force (1992-2007) Source: GSOEP Decrease in the share of permanent full-time employment Decrease in the share of inactive individuals Growth of flexible jobs
5. Unit Labor Costs Across Countries (1990-2008, 2000=100) Germany’s international competitiveness has increased substantially ►relatively strong position when crisis hit Germany Source: OECD.
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7. GDP and Employment Decline in OECD Countries Source: OECD Main Economic Indicators, own calculations. GDP and employment decline since start of crisis (country-specific GDP-based turning points)
11. Automatic Stabilizers: Wide Differences Across the EU Stabilization of demand after a 5% income shock or 5 PP rise in unemployment Source: Dolls et al. (2009)
14. Stock of Short-time Workers in Germany (2007-2009) Source: Federal Employment Agency About 4% of all employees, 11% in manufacturing, 20% in car industry, about 350.000 FTE ( ~ 1PP unemployment rate)
15. Aggregate Working Hours in Germany (1998-2009) Aggregate working hours (in billions per year) Source: Arbeitskreis “Erwerbstätigenrechnung des Bundes und der Länder”. Internal flexibility in the German labor market: less overtime, working time accounts, short-time work
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19. Prof. Dr. Klaus F. Zimmermann IZA, DIW Berlin und Universität Bonn IZA, P.O. Box 7240, 53072 Bonn, Germany Phone: +49 (0) 228 - 38 94 - 0 Fax: +49 (0) 228 - 38 94 - 180 E-Mail: [email_address] www.iza.org
Notas del editor
2005: erstmalige Erfassung von erwerbsfähigen früheren Sozialhilfeempfängern – statistischer Effekt – neue Ehrlichkeit/ vorher: Messung der AL nach dem Konzept der internationalen Arbeitsagentur (ILO) – wurde als Scheitern der Regieurungspolitik wahrgenommen 2006 verbesserte sich die Entwicklung auf dem AM deutlich (wegen Konjunktur aber vielmehr strukturelle Reformen in Sozialstaat und AMP