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/Greens coalition government introduced between
2003 and 2005.
The reforms contributed to overcoming the structural weaknesses of the German
welfare state and labor market, resulting in today’s strong employment growth and low
unemployment.
EU Forecast
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