Germany looking for Africans, foreigners to plug workforce shortage

0

Germany is facing a double-edged sword – a crisis of labour shortage and a demographic imbalance which threaten the country’s economic productivity Germany must bring in at least 400,000 skilled immigrants a year to keep up with demand because of its ageing population and low birth rate A declining labour population threatens Germany’s public pension system, as fewer employees are faced with the duty of funding the pensions of an increasing number of pensioners Europe's largest economy, Germany, is facing a double-edged sword – a crisis of labour shortage and a demographic imbalance which threaten the country’s economic productivity.  The federal labour office estimates that Germany must bring in at least 400,000 skilled immigrants a year to keep up with demand because of its ageing population and low birth rate. In January this year, German Economy and Climate Protection Minister Robert Habeck said that if the European nation did not close the labour gap, they would have real productivity problems.  A declining labour population threatens Germany’s public pension system, as fewer employees are faced with the duty of funding the pensions of an increasing number of pensioners who are enjoying longer life expectancy after decades of low birth rates and

Subscribe to unlock this article

Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.

Digital Subscription – Monthly

Monthly renewing
You can cancel anytime.

$5 /Monthly

Digital Subscription – Annually

Monthly renewing
You can cancel anytime.

$40 /Annually

I have 10 years of experience in multimedia journalism and I use the skills I have gained over this time to meet and ensure goal-surpassing editorial performance. Africa is my business and development on the continent is my heartbeat. Do you have a development story that has to be told? Reach me at [email protected] and we can showcase Africa together.

We hope you enjoyed your last Free Premium Article

Support Quality African Journalism and subscribe for less than $4.00 per month for unlimited access.

ACCESS YOUR
INSIGHT
INTO AFRICA

We hope you enjoyed your third Free Premium Article

Support Quality African Journalism and subscribe for less than $4.00 per month for unlimited access.

3 OUT OF 3
FREE ARTICLES FOR THIS MONTH

We hope you enjoyed your second Free Premium Article

Support Quality African Journalism and subscribe for less than $4.00 per month for unlimited access.

2 OUT OF 3
FREE ARTICLES FOR THIS MONTH

We hope you enjoyed your first Free Premium Article

Support Quality African Journalism and subscribe for less than $4.00 per month for unlimited access.

1 OUT OF 3
FREE ARTICLES FOR THIS MONTH