Corona Crisis: Transformative Recession

Abstract With the Corona crisis, unemployment is increasing in Germany despite all the countermeasures taken. In previous recessions, unemployment of the low-skilled in particular has become entrenched. Today, it is becoming apparent that technological change is also affecting medium-skilled workers...

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Bibliographic Details
Main Authors: Christian Hutter, Enzo Weber
Format: Article
Language:deu
Published: Springer 2020-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2676-5
Description
Summary:Abstract With the Corona crisis, unemployment is increasing in Germany despite all the countermeasures taken. In previous recessions, unemployment of the low-skilled in particular has become entrenched. Today, it is becoming apparent that technological change is also affecting medium-skilled workers in particular. In order to avoid consolidation, it is important to promote new hires, support qualification and enable vocational reorientation.
ISSN:0043-6275
1613-978X