Disparities in labour market and income trends during the first year of the COVID‑19 crisis: Evidence from Germany

Organisation for Economic Co-operation and Development2026-04-11 收录

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Germany’s labour market has weathered the COVID-19 crisis quite well. The unemployment rate increased by less than one percentage point between the last pre-crisis quarter Q4 2019 and its peak in Q3 2020 (from 3.2% to 4.1%); the employment rate fell by less than five percentage points (from 75.7% to 71.1%). Both indicators have since returned to...