Thursday, June 8, 2023

Germany is running out of workers. Experts predict it will badly affect the economic growth. is it true?

 According to multiple sources, Germany is indeed running out of workers, which could have a negative impact on economic growth. The country's workforce is shrinking due to demographic changes, with fewer young people entering the labor market than older workers retiring

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 The head of the Federal Employment Agency in Germany has warned that the country needs 400,000 skilled immigrants per year to make up for labor shortages
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 The shortage of skilled workers is slowing down the economy and limiting growth, with some experts predicting that Germany's growth may be limited to 1% per year for decades
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 The German government is looking to attract 400,000 qualified workers from abroad each year to tackle the labor shortages and demographic imbalance
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