Study: 60,000 fewer new jobs because of the minimum wage – tagesschau.de

warnings, the legal minimum wage would lead to the loss of many jobs, researchers did not confirm. Without minimum wage but it could give today 60,000 new jobs more, according to a study. But the minimum wage also has many positive consequences.

labor market researchers who claims to found in a study evidence that the introduction of the nationwide minimum wage in Germany noticeably at the expense of jobs going. While were due to introduced early 2015 minimum wage of 8.50 euros per hour was removed only a few places, wrote researchers at the Institute for Employment Research (IAB), an academic institution of the Federal Employment Agency. Some businesses had but dispensed with the creation of new jobs for the scheme. “Extrapolated would without the minimum 60,000 additional jobs could be created,” the IAB researchers wrote.

The analysis is based on a representative survey of 16,000 farms in Germany in the summer of 2015. This database would have the effects of a few months earlier introduced the minimum wage can be examined, IAB Director Joachim Möller explained. 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 said. In addition, 60,000 bodies corresponded only a share of 0.18 per cent of all employees in Germany

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small"> The analysis show that the minimum wage has led neither to a “demolition of positive employment trends” nor to economic dip. Conversely led the minimum wage according to the researchers’ findings in establishments which employ far lower-paid employees to significant wage increases – 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 more busy than before,” says Möller.

The researchers found no evidence that companies have the consequences of the minimum offset by the increased use of freelancers. They emphasize also that they could not comment on a possible shift from regular employment to more illegal work. In addition, only short-term effects of the minimum wage-introduction were investigated. Long-term effects on the economy and the labor market as well as negative consequences as possible bankruptcies due to higher wage costs could accordingly by the study also did not check.