The shortage of skilled workers has risen to a new high in Germany, affecting 49.7% of businesses in July, according to the Ifo institute.
“More and more companies have to cut back because they simply cannot find enough staff,” said Stefan Sauer, a labor market expert at the institute.
In the medium and long term, this problem is likely to become more pronounced, he stressed.
Service providers were hardest hit, with 54.2% reporting a shortage of skilled workers in July.
In the manufacturing sector, 44.5% of survey participants complained about a lack of skilled personnel.
A total of 41.9% of retail businesses reported a shortage of skilled workers, as did 39.3% of manufacturing businesses and 36.3% of retail businesses.
Source: Capital
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