Connect with us

World

Germany Wants to Attract 400,000 Skilled Workers From Abroad Each Year

Published

on

(Shutterstock)
Share with friends

 

Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labor shortages in key sectors that risk undermining the recovery from the coronavirus pandemic.

After decades of low birth rates and uneven migration, a shrinking labor force also poses a demographic time bomb for Germany’s public pension system, in which fewer employees are burdened with the task of financing the pensions of a growing mass of retirees who are enjoying longer life expectancy.

Read more from Reuters

Continue Reading
Advertisement GVwire