Private investment in tertiary education
In cooperation with the Stifterverband für die Deutsche Wissenschaft, an innovation agency of the German economy, the Cologne Institute for Economic Research (IW Köln) has estimated that medium-sized and large German companies in 2009 invested a total of 2.2 billion euro in tertiary education.
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Office vacancy
During the last 20 years office vacancies have become a visible problem of the German real estate market. Whereas the average vacancy rate of the biggest 125 German cities was one percent in 1990, it soared to 7.5 percent in 2010.
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Minimum wage
Calculations based on the IW-Simulation Model suggest that a minimum wage of 8.50 euro would save the government 5 billion euro if it had no negative effects on the labor market.
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Labor turnover rate
The labor turnover rate in Germany has recently ranged between 25 and 30 percent. While this does not indicate a higher mobility in comparison with previous decades, the development suggests that mobility may have increased since 2006.
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Hourly labor costs in manufacturing
In 2010, average hourly labor costs in the West German industry amounted to 36.28 euro. This was 25 percent above the average of the countries compared excluding the new members of the EU and other emerging countries.
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