Noticeable price changes in December
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IN FOCUS / 2017-01-12
Gross domestic product grew by 1.9% in 2016
The economic situation in Germany was characterised by solid and steady growth in 2016 too. Overall, the gross domestic product (GDP) increased by 1.9%, which was above the average of the last ten years (1.4%).
Consumption was the main contributor to GDP growth. Household final consumption expenditure rose a price-adjusted 2.0% on the previous year. The increase in government final consumption expenditure was even substantially higher (4.2%). One of the reasons for this strong growth was the large immigration of people seeking refuge, which resulted in considerable costs.
Growth was also supported by the significant rise in price-adjusted gross fixed capital formation in construction, which was mainly due to the higher gross fixed capital formation in dwellings. The increase in gross fixed capital formation in machinery and equipment was somewhat slower. Since price-adjusted imports rose more strongly than exports, the balance of exports and imports of goods and services had a slightly negative effect on GDP growth in Germany.
IN FOCUS / 2017-01-10
Part-time employment: one in seven part-time employees wishes to work more hours
In accordance with a new bill, employees in Germany shall in future be entitled to return to their usual hours of work after a phase of part-time work. To date employees have only been entitled to the right of part-time work without time limitation.
In 2015, 14% of the part-time employees aged 15 to 74 years wanted and were available to work more hours. In recent years, however, the proportion of these so-called underemployed people in the total of part-time employees has declined; it was still 19% in 2011. The number of men working part-time has been much smaller than that of women. However, the proportion of male part-timers who wanted to work more hours (19%) was larger than that of women (13%).
As opposed to the underemployed people, there were also people in (mainly full-time) employment who wanted to work less hours in 2015. On the whole, 3% of the full-time employees aged between 15 and 74 wanted to work less hours - with a corresponding reduction in their income.
Current WISTA edition: Who works more hours: German or French people?
In a joint project, Thomas Körner and Loup Wolff compared the hours actually worked in Germany and in France on the basis of the labour force survey carried out across Europe in 2014. The results show that the average working week of full-time employees is 32.0 hours in France and 35.6 hours in Germany. The annual volume of labour is also smaller in France (1,598 hours) than in Germany (1,616 hours); however, the number of holidays is lower in Germany than in France, as is shown by the Germany labour force survey.
In their article on the Hours actually worked in France and in Germany published in the 6/2016 issue of our WISTA scientific journal, the authors examine the reasons for the differences. They look at the times of absence and the impact of methodological differences regarding both the questionnaires and the sample design.