In this special edition newsletter, we look at the present status of the German employment market and the pressing issue of skills shortages in several industries. Germany, as Europe's top economy, is facing an increasing need for talented employees, and knowing the potential and constraints in the employment market will assist individuals thinking about relocating in making informed decisions. According to a recent report by the Cologne Institute for economic research, Germany’s labour market faces an unprecedented shortage of skilled workers, with over 630,000 unfilled job vacancies. As a result, Germany is in urgent need of immigrant workers to boost the country’s economy.
According to the report, IT, construction and electrical engineering are the most affected industries.
Skills Shortages in the Following Industries:
Germany's flourishing economy has increased the need for qualified people, yet specific industries suffer significant skill shortages. According to the German Federal Employment Agency, important job vacancies exist in these sectors, with demand expected to increase in the coming years. These industries include:
Curious about the latest insights on the European labour market? Check out the Eurostat website for comprehensive statistics and trends.
Careers in High Demand:
Particular jobs are in high demand in the German labour market owing to their importance to the economy and society. Some of the most in-demand occupations include:
Relocation Requirements for Skilled Workers:
If you are thinking about moving to Germany for employment, you should be aware of the typical criteria for skilled workers:
Germany's Approach to Skilled Labor Shortage:
Recognising the importance of skilled employees for economic growth, Germany has developed a number of efforts to solve the skills deficit, including:
Skilled Immigration Act and EU Blue Card:
Germany uses the EU Blue Card to recruit highly talented non-EU employees, allowing qualified experts to work and remain in the nation for up to four years with the potential of becoming permanent residents. Furthermore, the Skilled Immigration Act makes relocating to Germany easier for non-EU skilled professionals, benefiting both workers and companies.
How Hire Tech Talent & Tech Jobs Fair - Berlin 2023 Can Help:
During a skills shortage, jobs fairs such as Tech Jobs Fair - Berlin & reverse-recruitment platform Hire Tech Talent can play an essential role in connecting talented workers with prospective employers in the technology industry.
These platforms bring together tech companies and job seekers, boosting networking and career chances.
Attending such job fairs offers access to various tech-related professions in Germany's expanding IT sector. Companies, on the other side, can meet brilliant applicants with the skills they require to fill current personnel gaps.
Participating in this fair might be a beneficial step for qualified people wishing to come to Germany and contribute significantly to the country's technical growth.
We hope that this newsletter has thrown some light on Germany's skills gap and job prospects. Moving to a new country is a big step, and knowing the employment market characteristics can help you plan your journey intelligently.
Thank you for reading, and best wishes for your future endeavours!