Potential workforce in Germany 2000-2021
In 2021, there was an estimated 47.4 million people in the German potential labor force. This shows a slight decrease from the year before, but the figure is still higher than those before 2019.
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.
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.
