This article examines the labour market policy of the Grand Coalition from 2018 to 2021, comparing the explanatory power of partisan theory with the functionalist theory in the analysis of labour market policies. In addition, the article differentiates between the policies before and after the outbreak of the Corona pandemic. It does this in order to trace the change in the theories’ explanatory power under crisis conditions. The analysis of labour market-related problem pressure indicators and a qualitative content analysis of plenary minutes show that anticipated problem pressure is relevant in explaining labour market policies, underlining the importance of political actors. Furthermore, partisan differences seem to diminish under crisis conditions.