11/2023 – Labour Markets

In early November, the Federal Statistical Office reported a new record in the job market: By September 2023, employment in Germany surpassed the 46 million mark for the first time. Considering the multiple geopolitical crises and economic downturn, this is indeed encouraging news. However, despite the fact that employment has peaked, unemployment remains an important issue, with 2.6 million people currently looking for work.
 
Against this backdrop, our ZEW Monthly November 2023 edition will focus on “Labour Markets”. Besides highlighting the consequences of unemployment, it also examines other challenges and opportunities for individuals in the job market. ZEW researchers shed light on how the loss of a parent’s job affects their children’s education and why so few people opt for disability insurance. The newsletter also addresses the role of the job market in the integration of refugees and explores how technological change may reduce the influence of one’s social background on career success.