Fig. 1From: The effect of business cycle expectations on the German apprenticeship market: estimating the impact of Covid-19Source: ifo Business Climate Index (ifo Geschäftsklimaindex), normalized to the average of the year 2015, https://www.ifo.de/en/survey/ifo-business-climate-index, and ifo Employment Barometer (ifo Beschäftigungsbarometer), normalized to the average of the year 2015, https://www.ifo.de/en/survey/ifo-employment-barometer; see Sauer and Wohlrabe (2020) for detailed methodologiesifo Business Climate Index and ifo Employment Barometer (January 2005 to June 2020).Back to article page