Potential workforce in Germany 2000-2021
The term potential labor force describes the total of employed, unemployed and hidden assets, according to the Institute for the Job Market and Occupational Research (Research Institute of the Federal Labor Office). Hidden assets, according to the source, stand for unemployed people, those looking for work but have not registered as unemployed with an employment agency or those who would work if there were more jobs offered. The hidden assets are estimated using complex calculations by the Institute for Labor Market and Occupational Research. The potential labor force is the maximum number of all employable persons in Germany.