September 7, 2015

WIN-WIN:

German industries have an economic case to welcome refugees (Mathilde Richter, 9/07/15, AFP)

Beyond the humanitarian imperative to offer protection, businesses are increasingly seeing an economic case to keep the asylum seekers, particularly since Germany's rapidly ageing population and low birth rate are slowly depleting its pool of skilled labour. 

At 6.4 percent, unemployment in Germany is currently at its lowest level since unification, but the employers' federation BDA estimates the country is still short of 140,000 engineers, programmers and technicians. 

The healthcare and leisure sectors are also wringing their hands for qualified workers. In all, some 40,000 training places across all sectors are expected to remain unfilled this year. 

The Prognos think-tank forecasts the shortage of qualified workers will rise to 1.8 million in 2020, and as many as 3.9 million by 2040, if nothing is done. 



Posted by at September 7, 2015 9:14 AM
  

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