Germany plans to bring 400,000 'high-skilled workers' into the country a year.
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Germany plans to bring 400,000 'high-skilled workers' into the country a year.
The GermanSLOTXOgovernment has announced a plan to draw up to 400,000 highly skilled foreign workers a year to reduce population imbalances. and solve the problem of labor shortage in major industries This may affect the economic recovery plan in the post-Covid-19 era.
Christian Duer, leader of the Liberal Democratic Party (FDP) MPs, one of the ruling coalition parties give an interview to the magazine WirtschaftsWoche stated, “The shortage of high-skilled workers is becoming a huge problem. This could cause the economy to slow down.”
“Elderly labor will be controlled through modern-day immigration policies. We need to draw 400,000 high-skilled foreign workers a year as quickly as possible.”
Prime Minister Olaf Scholz's Social Democrats, the FDP and the Green Party agreed on the deal to form a coalition government. It will approve measures such as a scoring system for specialist workers from non-European Union (EU) countries and an increase in the minimum wage to 12 euros per hour. to make Germany attractive for highly skilled foreign workers.
The German Economic Institute estimates that the workforce in the city of Beer will drop by about 300,000 this year as more retirees than young people enter the labor market.
The gap is expected to increase to more than 650,000 by 2029, which will bring the German labor market a cumulative shortage of up to 5 million workers by 2030.
The German population in the employment system will increase to nearly 45 million by 2021, despite the impact of COVID-19. |
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