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The Ifo Employment Barometer: A "pressure gauge" for the German labour market

Author

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  • Klaus Abberger

Abstract

Since 2006 the Ifo Institute has calculated and published the Ifo Employment Barometer as an indicator for developments on the German labour market. It is based on the survey results from the monthly Ifo Business Survey. The Ifo Employment Barometer gave early signals that the labour market reached its cyclical low point in 2003. In the following months the barometer increasingly climbed and thus pointed early and reliably to the positive labour market development of recent years. Currently the Ifo Employment Barometer continues in the "high" range. On this basis the labour market in Germany should remain favourable this spring.

Suggested Citation

  • Klaus Abberger, 2008. "The Ifo Employment Barometer: A "pressure gauge" for the German labour market," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(09), pages 19-22, May.
  • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:09:p:19-22
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    File URL: https://www.ifo.de/DocDL/ifosd_2008_9_3.pdf
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    References listed on IDEAS

    as
    1. Abberger, Klaus, 2007. "Qualitative business surveys and the assessment of employment -- A case study for Germany," International Journal of Forecasting, Elsevier, vol. 23(2), pages 249-258.
    2. Gerhard Bry & Charlotte Boschan, 1971. "Cyclical Analysis of Time Series: Selected Procedures and Computer Programs," NBER Books, National Bureau of Economic Research, Inc, number bry_71-1, March.
    3. Christian Hott & André Kunkel, 2004. "An Ifo employment indicator," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(06), pages 53-57, March.
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    Cited by:

    1. Robert Lehmann, 2023. "The Forecasting Power of the ifo Business Survey," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 19(1), pages 43-94, March.
    2. Robert Lehmann, 2010. "Der ostdeutsche Arbeitsmarkt: Kann das ifo Beschäftigungsbarometer dessen konjunkturelle Dynamik abbilden?," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(06), pages 27-32, December.
    3. Robert Lehmann & Andreas Sharik & Michael Weber, 2014. "Der Erklärungsgehalt der regionalen ifo-Indikatoren am Beispiel der Industrie- und Bauumsätze," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(04), pages 18-24, August.

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    More about this item

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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