The labour market balance and the demand for skilled labour up to 2025 - demography shows the way

Abstract

"In Germany, the labour force potential will shrink for demographic reasons between 2010 and 2020 by 1.7 million persons and then up to 2025 by a further 1.7 million. At the same time employment will increase by 2020 by almost 400,000 persons. After that however it will sink by 2025 by 500,000.<br>The current model calculations confirm the known sectoral trends: in the service sectors - especially in services relating to companies - employment will rise while in the manufacturing trades it will partially be severely reduced. The balance between labour force potential and persons in employment shows that total underemployment (unemployment plus the hidden labour force) is becoming clearly smaller in terms of figures and could drop to below 1.5 million persons by 2025. However this will only be applicable if the future requirements for labour can also be covered in respect to qualifications, otherwise there will be a threat of a shortage of workers." (Author's abstract, IAB-Doku)

Cite article

Fuchs, J. & Zika, G. (2012): Arbeitsmarktbilanz und Fachkräftebedarf bis 2025 - Demographie gibt die Richtung vor. In: Charta der Vielfalt e.V. (Hrsg.) (2012): Jung - Alt - Bunt : Diversity und der demographische Wandel, p. 15-21.