ROUNDUP / study: Because of minimum wage around 60,000 jobs created less – FAZ – Frankfurter Allgemeine Zeitung

NUREMBERG (Reuters) – The statutory minimum cost according to the findings of labor market researchers in Germany about 60 000 jobs. Although had been canceled due to the minimum wage of 8.50 euros an hour a few jobs. Some businesses had but dispensed with the creation of new jobs for the scheme, it is clear from a study published Thursday by the Institute for Employment Research (IAB). In which industries this is particularly the case, is still unclear.

The Think Tank of the Federal Employment Agency (BA) while relying on a representative survey of 16 000 holdings in late summer last year. This would on a broader database, the effects of the introduced at the beginning of the minimum wage can be examined for the first time, stressed IAB Director Joachim Möller.

But he warned also against over-interpretation of the study results. “. 60 000 – that sounds to get used to much You have to know, however: The majority of them would have mini-jobs”, Möller points out. In addition, 60 000 points correspond to only a share of 0.18 per cent of all employees in Germany. The evaluation shows that the minimum wage has led neither to a “demolition of positive employment trends” nor to economic dip.

Conversely, the minimum wage has to findings of the researchers in companies that employ far lower-paid employees to significant wage increases out – particularly strong in eastern Germany. There wage increases at company level half a year after the introduction of minimum wage on average contrast was 5.2 percent, in the west only 3.4 percent. At the same time it’ll be in establishments minimum receiver employed to a lower turnover. “People are busy more than the past.” / Kts / DP / edh

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