Employment problems
Will Germany face labor shortages in the next decade?
What percentage (%) of Germany is experiencing a manpower shortage?
INTRO
Employment problems
Will Germany face labor shortages in the next decade?
INTRO
Konika Akter Dristy
Salman Sattar
Table of Contents
Background of German Labour Market
1
2
Table of Contents
3
Steps that German Government can take
4
Current Situation of Germany Labour Market
German territory covers 357,022 km2 (137,847 sq mi)
Total population was 83.31 million in January 2023.
Background
Roughly 45.8 million persons resident in Germany were in employment
43.1% of firms reported suffering from a shortage of qualified workers in July
Problem Statement:
As Germany grapples with labor shortages, it presents an environment ripe for innovative solutions. By researching this topic, I aim to contribute to the ongoing discourse surrounding effective policy measures and strategies.
- What are the key challenges in balancing job creation with workforce sustainability in Germany?
The methodology employed for this paper on employment problems and potential labor shortages in Germany is centered on a comprehensive literature review.
Access a wide range of scholarly articles, as exemplified by Smith and Johnson (2020) who extensively reviewed labor market dynamics in Germany using PubMed.
Keywords such as "Germany," "labor shortages," and "demographics," the approach taken by Anderson et al. (2019) in their systematic review of labor market trends.
Challenges Faces Germany for Labour Shortage
Challenges
- Sector-Specific Shortages
- Qualification Mismatches (Horbach, J. (2014): Determinants of Labor Shortage - with particular Focus on the German Environmental Sector)
- Immigration Policies (Kettner, A. (2012): "Skilled Labor Shortage and Skill Gaps in Germany: Findings, Causes, and Need for Action.")
Government Actions aginst Labour Shortage
Opportunities
- Public-Private Partnerships
- Support Small and Medium- Enterprises (SMEs)
- Collaborate with EU Partners
Conclusion
- Education and Vocational Training
- Promoting Work-Life Balance
Conclusion
- Global Talent Partnerships
- Promoting Social Cohesion
References
- https://www.ft.com/content/c1626f0c-a6f2-11e8-8ecf-a7ae1beff35b
- https://datareportal.com/reports/digital-2023-germany#:~:text=Germany%27s%20population%20in%202023,of%20the%20population%20is%20male.
- https://www.bloomberg.com/news/articles/2022-10-17/germany-s-yawning-labor-shortage-squeezes-struggling-industry#xj4y7vzkg
- Horbach, J. (2014): Determinants of Labor Shortage - with particular Focus on the German Environmental Sector. IAB-Discussion Paper 22/2014, Nuremberg.
- Kettner, A. (2012): "Skilled Labor Shortage and Skill Gaps in Germany: Findings, Causes, and Need for Action." Dissertation, Technical University Berlin.
- Klingebiel, R., Rammer, C. (2014): Resource allocation strategy for innovation portfolio man- agement. Strategic Management Journal 35 (2): 246-268.