1.4 million jobs in Germany. Businesses struggle to find a job



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Economy

German press agency

Wednesday, August 8, 2019 00:14 Time Abu Dhabi

Lack of skilled workers haunts German companies

Lack of skilled workers haunts German companies

The number of vacancies in Germany increased in the second quarter of this year to reach 1.39 million, despite the slowdown in the German economy, while German companies were struggling to find qualified skilled workers, revealed Tuesday data from the German Federal Labor Office.

According to data from the Labor Office, the number of vacancies increased by 9,000 in the second quarter of this year compared to the first quarter of the year and by 175,000 compared to the second quarter of last year.

The Labor Office said Germany was suffering from a severe shortage of skilled workers in the health and kitchen sectors.

Researchers from the Nuremberg Labor Office said that the impact of the economic downturn on the labor market was not yet clear.

Germany is expected to release its data on Wednesday in the second quarter of this year, as analysts expect to announce a contraction in GDP.

At the same time, German labor market data for the second quarter of this year are still better than the record level recorded in the fourth quarter of last year, when Germany had 1.46 million job vacancies, the highest number since 1992.

"We can not afford to leave jobs for a long time," said Alexander Kopps, a researcher at the Federal Labor Office, noting that some sectors, such as health care, are generally unaffected by economic trends.

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