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“Lockdown Light” Causes Short-Time Work to Rise Again Somewhat in November

Author

Listed:
  • Sebastian Link
  • Stefan Sauer

Abstract

According to estimates by the ifo Institute, the number of employees on short-time work in Germany rose slightly in November for the first time since May. The estimates suggest that around 2.0 million people are likely to have been on short-time work, up from an estimated 1.8 million in October. This increase is mainly due to those sectors of the economy affected by the “lockdown light” in place since the beginning of November.

Suggested Citation

  • Sebastian Link & Stefan Sauer, 2020. "“Lockdown Light” Causes Short-Time Work to Rise Again Somewhat in November," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(12), December.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:12:p:
    as

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    File URL: https://www.ifo.de/DocDL/sd-2020-12-link-sauer-kurzarbeit-november.pdf
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    References listed on IDEAS

    as
    1. Kozeniauskas, Nicholas & Orlik, Anna & Veldkamp, Laura, 2018. "What are uncertainty shocks?," Journal of Monetary Economics, Elsevier, vol. 100(C), pages 1-15.
    2. R?diger Bachmann & Steffen Elstner & Eric R. Sims, 2013. "Uncertainty and Economic Activity: Evidence from Business Survey Data," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(2), pages 217-249, April.
    3. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.
    4. Scott R. Baker & Nicholas Bloom & Steven J. Davis, 2016. "Measuring Economic Policy Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(4), pages 1593-1636.
    5. Lautenbacher, Stefan, 2020. "Subjective Uncertainty, Expectations, and Firm Behavior," MPRA Paper 103516, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Kevin Kloiber & Manuel Menkhoff & Sascha Möhrle & Andreas Peichl, 2021. "Cities Hit Harder by the Economic Consequences of the Coronavirus Crisis," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(05), pages 53-58, May.

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    More about this item

    Keywords

    Unterbeschäftigung; Beschäftigte; Branchenentwicklung; Epidemie; Kurzarbeit;
    All these keywords.

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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