Germany’s Labour Market at a Turning Point

Abstract The COVID-19 pandemic and the Ukraine war mark a turning point for the German labour market. These crises accelerate transformative forces that have been at work for some time, such as digitalisation and decarbonisation, and are likely to permanently change the international division of lab...

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Main Authors: Holger Bonin, Ulf Rinne
Format: Article
Language:deu
Published: Springer 2022-09-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3276-3
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author Holger Bonin
Ulf Rinne
author_facet Holger Bonin
Ulf Rinne
author_sort Holger Bonin
collection DOAJ
description Abstract The COVID-19 pandemic and the Ukraine war mark a turning point for the German labour market. These crises accelerate transformative forces that have been at work for some time, such as digitalisation and decarbonisation, and are likely to permanently change the international division of labour and mobility. The shortage of skilled workers, which already hampered development ahead of the crisis, has now grown into a broader labour shortage and has also reached the low-wage sector. This article outlines how labour shortages could be countered by concerted action from the supply and demand sides. It shows that coping with the changes in the German labour market requires more efforts from policymakers, firms and the labour force.
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spelling doaj.art-5ca361345d454faf80e4b40edfb1e5462022-12-22T03:16:51ZdeuSpringerWirtschaftsdienst1613-978X2022-09-01102966566810.1007/s10273-022-3276-3Germany’s Labour Market at a Turning PointHolger Bonin0Ulf Rinne1Forschungsinstitut zur Zukunft der Arbeit (IZA)Scientific Management/Senior Research Associate, Forschungsinstitut zur Zukunft der Arbeit (IZA)Abstract The COVID-19 pandemic and the Ukraine war mark a turning point for the German labour market. These crises accelerate transformative forces that have been at work for some time, such as digitalisation and decarbonisation, and are likely to permanently change the international division of labour and mobility. The shortage of skilled workers, which already hampered development ahead of the crisis, has now grown into a broader labour shortage and has also reached the low-wage sector. This article outlines how labour shortages could be countered by concerted action from the supply and demand sides. It shows that coping with the changes in the German labour market requires more efforts from policymakers, firms and the labour force.https://doi.org/10.1007/s10273-022-3276-3
spellingShingle Holger Bonin
Ulf Rinne
Germany’s Labour Market at a Turning Point
Wirtschaftsdienst
title Germany’s Labour Market at a Turning Point
title_full Germany’s Labour Market at a Turning Point
title_fullStr Germany’s Labour Market at a Turning Point
title_full_unstemmed Germany’s Labour Market at a Turning Point
title_short Germany’s Labour Market at a Turning Point
title_sort germany s labour market at a turning point
url https://doi.org/10.1007/s10273-022-3276-3
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