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Engineering Skill Shortage Strikes Hard In Germany

November 2017, 24
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At present, the situation in the labor market of Germany is distinguished and good. There is a decline in the unemployment rate and the number of people employed exceeds 44 Million, which is a record.

A recent study presented by the Federal Government in Germany, confirms that the present situation is expected to change considerably in the next 10 - 20 years. Based on the estimates of Prognosis, a Swiss Research Institute, before 2030, three Million skilled workers could be missing, in various branches.

The reason for this development is the demographic change. Many people would have retired from active work by that time. The demand for work is becoming more complex every year. Digitization continues to play a significant role. it will not only lead to the creating more jobs but also bring a  big change in capabilities.

The recent Economic Survey conducted by the Chamber of Industry and Commerce in Germany says that Skills shortage is a great concern of German businesses today. There is a huge need for highly Qualified Engineers, Researchers, Technicians, and Medical Officers. A recently held Skill Shortage Analyses drawn up by the Bundesagentur für Arbeit stated that there is a nationwide shortage of several engineers in Programming, Software Development, Metal Construction, Mechatronics, Aerospace and Automobile, as well as in Construction areas. This gap will be hard to fill and small and medium-sized enterprises will suffer. These companies presently have difficulty in hiring skilled workers as they have a limited presence in the local labor market.

The remedy for this is to go for international recruiting. This will help to access and mobilize a better and qualified workforce.

Specialist Recruitment Agencies can help to solve this problem. They are in a position to locate the top motivated and well-educated job seekers from across the globe and use their knowledge of local labor markets to help German companies in acquiring the best international talent for executing top projects. With the situation of companies feeling shortage of skilled personnel within the country, the skill to attract overseas specialists becomes a priority.
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