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Browsing: Germany workforce shortage
- In his business tour, President Steinmeier is leading government officials and investors from over 12 German companies.
- Tanzania expects to see an increase in trade relations with Germany, which has remains in favour of the European country.
- To further cement bilateral ties, German has agreed to return the remains of Tanzanian freedom fighters held in museums in Germany.
Germany’s President, Frank-Walter Steinmeier, is on a three-day state visit to Tanzania. With the high-profile visit, Tanzania expects to see an increase in trade ties with Germany, a relationship that has for decades remained in favour of the European economic giant.
President Steinmeier is leading government officials and investors from over 12 German companies. Tanzania hopes that his visit will serve to strengthen diplomatic, development and bilateral trade relations. Germany and Tanzania have shared a long history given that the later was a colony of the former until 1919.
President Steinmeier pledges
- According to their announcements, Germany would take professionals, skilled worked and semi-skilled Kenyans.
- German has promised to fund, extend and modernize the country’s TVET institutions and centres of excellence from levels three to seven.
- They will create a framework for linking Kenyan Technical and Vocational Training (TVET) colleges with chosen TVET colleges in Germany.
Kenya and Germany struck a deal to increase the rate of International Jobs in Africa. According to reports, Germany agreed to allow Kenyans to fill 250,00 unfilled positions to help both countries with their impending unemployment rate.
Due to this partnership, Kenya cannot deal with its corrosive low employment rate, significantly dragging its economy down.
Kenya’s History with low job rates
It is common to hear the wails of Kenyan Youths when t comes to their country’s employment rate. These days most individuals turn to entrepreneurship to sustain their livelihood while “tarmacking” the town streets to …
- 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 …