Meanwhile, however, the German economy has already turned in growth again for two successive quarters, the second and third. Overall economic output will be much higher at the turn of the year 2009/2010 than on average for 2009. This alone has improved the starting position for 2010. So far, the anxiously anticipated jobs crisis predicted in many quarters has not materialized; indeed the German labor market has proved surprisingly resilient, with the number of people in work falling only moderately. This has kept a lid on the losses in purchasing power stemming from the economic crisis. Bolstered by almost complete price stability, real consumer demand has broadly held its level. In the wake of these developments most economic forecasts for 2010 have been upped significantly in recent months.