Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/151064
Authors: 
Askitas, Nikos
Zimmermann, Klaus F.
Year of Publication: 
2009
Citation: 
[Journal:] Weekly Report [ISSN:] 1860-3343 [Year:] 2009 [Volume:] 5 [Issue:] 25 [Pages:] 176-181
Abstract: 
To date, the Great Recession has only had a mild impact on the German labor market. In view of the uncertainties surrounding future economic growth, the low utilization of the workforce in firms, and the prevalence of working hour reductions, many observers are anticipating a dramatic rise in unemployment in the fall, with the total number of unemployed rapidly surpassing the four-million mark. Yet according to forecasts based on Google search statistics, in all likelihood the unemployment rate will remain relatively stable in August and through the end of September, when elections for the German Bundestag will be held. The seasonally adjusted unemployment rate is actually falling. Given this fact, the danger that the total number of unemployed will exceed four million during this year seems increasingly unlikely.
Subjects: 
Google
Internet
Keyword search
Search engine
Unemployment
Predictions
JEL: 
C22
C82
E17
E24
E37
Document Type: 
Article

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