The Federal Government’s own projections show that the encouragingly high economic growth seen in recent years has mainly been driven by migration from within the EU. The skilled worker – a fundamental economic factor In 2060, there will be 10.2 million fewer people of working age. people aged between 20 and 64, will drop by 3.9 million to 45.9 million by 2030. According to current forecasts, the working-age population, i.e. An aspect of demographic change, the ageing of society is exacerbating the skills shortage. Today, companies deem this to be their greatest problem, as reflected not least in the autumn 2019 economic survey by the Association of German Chambers of Commerce and Industry (in German).Ī major factor which will impact decisively on the prevailing skills shortage in future is Germany’s ageing society. Companies say that the skills shortage is posing a growing threat to their development – back in 2010, 16% said they regarded the skills shortage as a business risk. Many companies are already severely affected by the shortage of skilled workers: more than 50% view it as the greatest threat to the development of their business. The situation is worsening in southern and eastern Germany in particular. This is particularly true in STEM and health-related occupations. Financing for start-ups, company growth, and innovationsĪlthough Germany does not have a nation-wide skills shortage at present, it is already impossible to fill vacancies in certain regions and sectors with suitable skilled workers.Promotion of Foreign Trade and Investment.Energy Transition in the Building Sector. European and International Energy Policy.After the Brexit referendum: An overview of important information.
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