The BA-X labor index tracks the demand for manpower in the labor market. It gathers the data from job openings rather than surveys or other assessments. In December 2023, the BA-X labor index lay at 116, a small increase comapred to the previous month. This indicates demand for labor has fallen since the end of 2021 and beginning of 2022.
BA-X labor market index of workforce demand in Germany from December 2021 to December 2023
Characteristic
Labor demand index (Basis 2015 = 100)
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2015 serves as the index basis at a value of 100.
The figures are seasonally, and calendar adjusted.
The BA-X is based on job applications that have been reported to the Bundesagentur für Arbeit (the federal labor agency in Germany). Included are all jobs in the primary labor market that are not directly facilitated or supported by the BA itself, as well as jobs for freelancers, the self-employed, and jobs coming from private employment agencies.
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Bundesagentur für Arbeit. (January 3, 2024). BA-X labor market index of workforce demand in Germany from December 2021 to December 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/
Bundesagentur für Arbeit. "BA-X labor market index of workforce demand in Germany from December 2021 to December 2023." Chart. January 3, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/
Bundesagentur für Arbeit. (2024). BA-X labor market index of workforce demand in Germany from December 2021 to December 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/
Bundesagentur für Arbeit. "Ba-x Labor Market Index of Workforce Demand in Germany from December 2021 to December 2023." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/
Bundesagentur für Arbeit, BA-X labor market index of workforce demand in Germany from December 2021 to December 2023 Statista, https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/ (last visited August 25, 2024)
BA-X labor market index of workforce demand in Germany from December 2021 to December 2023 [Graph], Bundesagentur für Arbeit, January 3, 2024. [Online]. Available: https://www.statista.com/statistics/1342721/ba-x-labor-market-index-workforce-demand-germany/