Over-employed-enfreude! Germany is uber-short on labor | GlobalPost: "According to the German Chamber of Commerce (DIHK) this is among companies’ biggest concerns at the moment. “Every third company we surveyed said that they saw the skills shortage as one of the biggest risks to the development of their business over the next 12 months,” Stefan Hardege, head of the DIHK’s labor market unit, told GlobalPost.
Many sectors are hit, he explained, but companies that rely on engineering and other technical skills — the core of Germany’s powerful export economy — are particularly affected.
The problem is already costing a fortune. About 92,000 engineering jobs were not filled last year, leading to an estimated loss of about 8 billion euros, according to a study published in April by the German Engineering Association (VDI) and the Cologne Institute for Economic Research (IW).
The VDI says in March, 2012 there were 110,400 unfilled engineering jobs in Germany, an increase of 26 percent on the same month last year. The states of Bavaria, Baden-Wuerttemberg and North Rhine-Westphalia were particularly badly hit. Meanwhile, there are currently 38,000 open positions in telecoms and IT, according to industry association BITKOM."
Many sectors are hit, he explained, but companies that rely on engineering and other technical skills — the core of Germany’s powerful export economy — are particularly affected.
The problem is already costing a fortune. About 92,000 engineering jobs were not filled last year, leading to an estimated loss of about 8 billion euros, according to a study published in April by the German Engineering Association (VDI) and the Cologne Institute for Economic Research (IW).
The VDI says in March, 2012 there were 110,400 unfilled engineering jobs in Germany, an increase of 26 percent on the same month last year. The states of Bavaria, Baden-Wuerttemberg and North Rhine-Westphalia were particularly badly hit. Meanwhile, there are currently 38,000 open positions in telecoms and IT, according to industry association BITKOM."
