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Government warns: Less growth due to a shortage of skilled workers

2024-02-26T12:53:00.209Z

Highlights: Government warns: Less growth due to a shortage of skilled workers. Hundreds of thousands of jobs and training positions are already open. In the 1980s, the so-called potential growth, i.e. the growth opportunities under optimal conditions, was 2 percent. Habeck: “Now we're going to 0.5 - why? We lack the hands and the heads” dpa Many companies in Germany are urgently looking for skilled workers, the government warns that the problem could grow.



As of: February 26, 2024, 1:39 p.m

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The shortage of skilled workers in Germany could slow down growth, according to Economics Minister Robert Habeck.

© Julian Stratenschulte/dpa

Many companies in Germany are urgently looking for skilled workers.

The government warns that the problem could grow - with serious consequences.

Berlin - According to the federal government, the lack of millions of workers and skilled workers threatens to become the main brake on growth in Germany.

There is a growing need to “get all people who want to work in the country into work and into training,” said Economics Minister Robert Habeck at a government specialist congress in Berlin.

“In the future, this will be the decisive question as to whether Germany is growing and whether prosperity in the country can increase or be maintained.” Hundreds of thousands of jobs and training positions are already open.

“You have to be blind if you don’t see that there will be more in the future,” said the Green politician.

Labor Minister Heil: “We work against the clock”

Habeck's cabinet colleague Labor Minister Hubertus Heil (SPD) warns: "If we don't take care of it now, the problem of labor and skilled labor shortages will become the main brake on growth in Germany." Heil named stable energy supplies, acceleration of planning and securing the labor and skilled labor base as these most important steps to ensure that the German economy remains strong despite the weakening global economy.

“Actually, despite all the talk, we are a strong country, but we need an update,” said Heil.

When it comes to securing skilled workers, the following applies: “We work against the clock.”

Habeck warned, referring to the latest annual economic report: “The potential for growth is decreasing.” In the 1980s, the so-called potential growth, i.e. the growth opportunities under optimal conditions, was 2 percent.

Habeck: “Now we're going to 0.5 - why?

We lack the hands and the heads.” dpa

Source: merkur

All news articles on 2024-02-26

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