Askitas, Nikos; Zimmermann, Klaus F. - In: Weekly Report 5 (2009) 25, pp. 176-181
To date, the Great Recession has only had a mild impact on the German labor market. In view of the uncertainties … surrounding future economic growth, the low utilization of the workforce in firms, and the prevalence of working hour reductions …, many observers are anticipating a dramatic rise in unemployment in the fall, with the total number of unemployed rapidly …