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Shift in employment structure leaves the hospitality industry in a bad position
The German labour market held up well during the pandemic and even gained momentum from 2021 onwards.
The German labour market held up well during the pandemic and even gained momentum from 2021 onwards. In the meantime, a shift in the employment structure took place that brings the shortage of skilled labour back into focus. [more]
Germany's current account is in flux. Currently, the "terms of trade" shock is reducing the surplus in the goods balance. But structural factors such as the reduced importance of industry and demographics also point to lower surpluses. [more]
The third COVID-19 wave in Germany is ebbing. The number of ICU patients – one of the key parameters of the pandemic – peaked at the end of April, at above 5,100 cases. At the end of May the number was below 2,500. [more]
The COVID-19 crisis has intensified the lack of profitable low-risk investments, which is why numerous investors probably regard the German residential market as an attractive alternative to the bond markets. [more]
The unemployment rates of teenagers and young adults were already attracting attention during the financial and euro crisis. The corona crisis has again led to massive distortions on the labour markets in many countries. [more]
A country’s prosperity is still closely linked to its energy consumption. As 80% of the global energy consumed is based on fossil fuels, high prosperity (measured as GDP per capita) tends to imply high per-capita CO₂ emissions. [more]
The global map shows the inflation targets of developed and emerging markets. In emerging economies central banks tend to have higher inflation targets than the central banks in their developed counterparts. [more]
Between 2000 and 2018, German net energy imports declined by almost 12%. Oil and nuclear energy imports were down considerably as oil heating becomes less popular and the German government has decided to give up nuclear energy. [more]