Shrinking labor force An element of growing concern for German business is a shrinking labor force, especially with respect to skilled labor, due to an aging population. Official forecasts predict that in 2030, the working age population, currently around 50 million, will drop to 43 million resulting in an overallRead More →
Government-funded short-time work program Many experts credit the government-funded short-time work program for limiting job losses during the global financial and economic crisis. Other factors, such as moderate wage increases in recent years, flexibility in bargaining agreements, numerous company-level alliances to retain jobs, the option of offering more flexible formsRead More →
Employment in Germany As a result of the past reforms, employment in Germany has continued to rise for the eight consecutive years and reached an all-time high of 41.84 million in 2013, an increase of 233,000 from 2012. In particular, women and the elderly have benefitted from the positive trendsRead More →
Labor The labor market remained resilient during the economic and financial crisis and continued to be strong in 2013. The rebound in Germany’s labor market and economy owes much to the comprehensive set of labor and social reforms, termed “Agenda 2010,” that former Chancellor Gerhard Schröder and his Social Democrat/GreensRead More →
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