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Volkswirtschaft - Open Access LMU - Teil 03/03 Podcast
Temporary Agency Work and the Great Recession

Temporary Agency Work and the Great Recession

Volkswirtschaft - Open Access LMU - Teil 03/03 vor 10 Jahren

0:00

We investigate with German data how the use of temporary agency
work has helped establishments to manage the economic and financial
crisis in 2008/09. We examine the (regular) workforce development,
use of short-time work, and business performance of establishments
that made differential use of temporary agency work prior to the
crisis. Overall, our results suggest that establishments with a
greater use of temporary agency work coped better with the sharp
decline in demand and made less frequent use of
government-sponsored short-time work schemes.