Daniel Slotta
Research expert covering Greater China
Recruiting industry in Germany - statistics & facts
With an ageing population and decreasing fertility rates, the average age of Germany’s population has steadily increased in the last years, albeit welcoming more than 1.1 million immigrants in 2020 alone. As a result, the German economy seems to struggle with vacant positions and a lack of young candidates in the future. Data for vocational training positions, a distinguishing factor in the labor market of the country, points to a widening gap between offered positions and the number of candidates: In 2020, about 30,600 vacant apprenticeship positions were recorded. In short, the lack of applicants could eventually lead to a less productive German economy. In the same manner, small and medium-sized enterprises, as well as the automobile industry – backbones of the German economy, are currently struggling to find workers to occupy new positions or to train replacements for their ageing personnel. The industrial and manufacturing sector is not an exception, as recruiting employees in the service and finance landscape has also become more difficult.
