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Hans-Peter Klös / Holger Schäfer IW-Report No. 12 2. April 2020 IW Labor Market Monitoring: Labor Market Effects of the Corona Crisis as Reflected by Monthly Indicators

The labor market effects of the Corona crisis will gradually become apparent in the large labor market aggregates of employment and unemployment. In the event of a noticeable slump in economic performance, a serious impact on the labor market appears to be unavoidable despite the most comprehensive financial package in German economic history.

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Labor Market Effects of the Corona Crisis as Reflected by Monthly Indicators
Hans-Peter Klös / Holger Schäfer IW-Report No. 12 2. April 2020

IW Labor Market Monitoring: Labor Market Effects of the Corona Crisis as Reflected by Monthly Indicators

IW-Report

German Economic Institute (IW) German Economic Institute (IW)

The labor market effects of the Corona crisis will gradually become apparent in the large labor market aggregates of employment and unemployment. In the event of a noticeable slump in economic performance, a serious impact on the labor market appears to be unavoidable despite the most comprehensive financial package in German economic history.

In addition to the macroeconomic relationship between the level of economic activity, employment and unemployment, this article discusses how the transmission of a real economic impulse to the results of employment and unemployment can be promptly mapped using a broad set of indicators. For this purpose, about 20 indicators, which statistically map individual changes relevant to labor market development from different sources, are identified and ordered according to their temporal proximity to the exogenous corona shock to real economic processes. From this, an indicator set is derived, which condenses the most immediately available information relevant to the labor market into a monthly updated labor market monitoring system and classifies the current state of development.

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Labor Market Effects of the Corona Crisis as Reflected by Monthly Indicators
Hans-Peter Klös / Holger Schäfer IW-Report No. 12 2. April 2020

Hans-Peter Klös / Holger Schäfer: IW-Arbeitsmarktmonitoring – Arbeitsmarkteffekte der Corona-Krise im Spiegel monatlicher Indikatoren

IW-Report

German Economic Institute (IW) German Economic Institute (IW)

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Patrizio Vanella / Arthur L. Greil / Philipp Deschermeier External Publication 31. January 2023

Fertility Response to the COVID-19 Pandemic in Developed Countries: On Pre-pandemic Fertility Forecasts

The COVID-19 pandemic has affected all areas of our lives. Among other outcomes, the academic literature and popular media both discuss the potential effects of the pandemic on fertility. As fertility is an important determinant of population development and ...

IW

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Hubertus Bardt / Klaus-Heiner Röhl / Christian Rusche in The Economists' Voice External Publication 21. June 2022

Subsidizing Semiconductor Production for a Strategically Autonomous European Union?

The COVID-19 pandemic has highlighted the vulnerability of international supply chains and the dependency of the economy of the European Union (EU) on goods from non-EU countries. The scarcity of microchips that has persisted since the COVID lockdowns has laid ...

IW

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