Earlier quoted context omitted.
>There are jobs, but not the ones most people want. There is no such thing as a shortage in labor markets. There is just people not willing to pay the correct price.
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Germany goes from labour shortages to hiring freezes
61–70 of 140 posts
Re: Germany goes from labour shortages to hiring freezes
#62Jokes on FT, we have both
Fachkräftemangel is just a joke, you know. There are enough Fachkräfte for everything.
Re: Germany goes from labour shortages to hiring freezes
#63Earlier quoted context omitted.
Migrants to Germany account for 30.2% of the total population. Is Germany not enough diverse for you? https://en.wikipedia.org/wiki/Immigration_to_Germany
From your own link 30% is the widest definition possible: > As of 2024, around 17.4 million people living in Germany, or 20.9% of the population, are first-generation immigrants, while the population with a migrant background in the wider sense stood at approximately 25.2 million, accounting for 30.2% of the total population of 83.5 million Thats a very misleading statistic
Re: Germany goes from labour shortages to hiring freezes
#64The job market all over the world is ultimately changing. Wars, AI, energy crisis, etc. — it’s a combination of factors. Yet, the article is too shallow, so it doesn’t clarify much. The two examples are not really representative, “press spokesman at a small industry association” and entry-level “apprenticeship in marketing communications and a bachelor’s degree in international management”. I don’t want to say that t…
Re: Germany goes from labour shortages to hiring freezes
#65The job market all over the world is ultimately changing. Wars, AI, energy crisis, etc. — it’s a combination of factors. Yet, the article is too shallow, so it doesn’t clarify much. The two examples are not really representative, “press spokesman at a small industry association” and entry-level “apprenticeship in marketing communications and a bachelor’s degree in international management”. I don’t want to say that t…
Re: Germany goes from labour shortages to hiring freezes
#66Earlier quoted context omitted.
>There are jobs, but not the ones most people want. There is no such thing as a shortage in labor markets. There is just people not willing to pay the correct price.
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Re: Germany goes from labour shortages to hiring freezes
#67Re: Germany goes from labour shortages to hiring freezes
#68One could reasonably have expected much worse than "just" automotive and energy intensive sectors in crisis in Germany. The Russian invasion of Ukraine. The Trump administration actively shrinking the economic cake worldwide. Its active economic and cultural warfare against Europe. Nothing to sneeze at. Germany and by extension the EU have shown remarkable resilience for now. The question what will happen next should…
Carmakers in Germany has a bit of blame for not moving quickly enough, but China hogging materials doesn't help. The chemical sector hit though feels more self-inflicted by the government that closed down nuclear plants to rely on Russian gas. The annoying part (Nordstream unrelated) is that they didn't see it fit to put a brake on the nuclear decomissioning already in 2014 when Russia invaded Ukraine first.
Re: Germany goes from labour shortages to hiring freezes
#69Earlier quoted context omitted.
And who are these people?
Indians. Well educated, hard working, and willing to put in 20 years of serfdom to get that green card. Even a 30% discount on wages is still a better quality of life than their alternatives. If they were granted proper work visas with portability then wages would go up. That's why Elon and co love H1Bs.
Germany has relied on immigration since the 1960s at least. The immigrants won't save them now, as there are too many factors working against that.
-USA can offer higher wages.
-EU members to the east can offer significantly lower taxes for specialists and lower costs of living in some respects.
-As mentioned before, India itself might be facing shortages soon enough.
Personally, I'm not seeing it.
Re: Germany goes from labour shortages to hiring freezes
#70Jokes on FT, we have both
I am not so sure we really have or had both. Maybe for roles like electrician and tiler and such. But for roles like teachers, I feel it is not the case, or policy makers are extremely stupid here. The hurdles for someone to become a teacher without having studied that are still very high. It doesn't seem like policies a nation would implement, if they really wanted more teachers. For example you need to have 500h of…