Germany turns to skilled migration as workforce ages
Berlin, July 7 -- Germany is accelerating efforts to attract skilled foreign workers, including from Indonesia, as rapid population aging threatens its labor force. Bilateral programs aim to address worker shortages while expanding training and technology partnerships.
Like many industrialized nations, Germany faces a rapidly aging workforce as the baby boomer generation approaches retirement. The demographic shift is expected to reshape the country's labor market over the coming decades.
Within 15 years, Germany is projected to have one of the world's largest retiree populations from the baby boomer generation. By 2039, about 13.4 million people, or 31 percent of the workforce, are expected to retire.
The figures point to a long-term ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.