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Germany requires 400,000 skilled new workers yearly- Report

.…..rural districts face an unfilled vacancy rate of over 61 percent compared to 41 percent in major cities

 

Germany will require 400,000 new skilled workers every single year.

The analysis is based on estimates by The Institute for Employment Research (IAB) which indicates that 4.7 million employees will retire from the German workforce by 2028.

Read also:Language, law, and loneliness: What skilled migrants need to know before moving to Germany

Consequently, the country is rapidly shifting its economic survival strategy toward non-EU talent. As of late last year, over half (55.7 percent) of the 5.7 million foreign nationals employed in Germany hailed from outside the EU.

The demographic reality indicates that while the domestic German workforce shrank by 211,000 and EEA workers dipped by 27,000, non-EEA nationals grew by 259,000. Non-EU workers are no longer just supplementing the German labor market; they are driving its net employment growth.

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