Trésor-Economics No. 110 - How have the Hartz reforms shaped the German labour market?
Since 2005, the German economy has created 2.5 million jobs, mostly part-time positions or work on fixed-term or temporary (agency) contracts. This job growth has reduced the unemployment rate by 5 points to the historic low of 5.3% according to the International Labour Office (ILO) definition of unemployment.Germany's structural labour market reforms in the early 2000s are frequently cited as one... Lire la suite