The innovative capabilities of German companies threaten to fall according to experts unless more international qualified employees enter the country than before. According to calculations from the Association of Chambers of Industry and Commerce Association in Baden-Württemberg (BWIHK), there could be a shortage of over 500,000 skilled workers in 2030, compared to roughly 300,000 at present, because the Baby Boomer generation will retire in the years ahead. The number of specialists lacking in the IT industry alone could increase to 6,700 by then, up from 3,000 today, according to a study from the German research institute WifOR.
“The result of the shortage of skilled labor for the economy could be that new orders will have to be turned down or innovations set aside,” said Baden-Württemberg’s Ministry of Economics in Stuttgart. “Both would have an impact on the country’s well-being.” For that reason, securing skilled labour is a high priority for the state government of Baden-Württemberg.
They referred to the Alliance of Skilled Labor Baden-Württemberg, to which more than 40 organizations now belong as members. The ministry is also supporting nine regional “Welcome Centers” for skilled foreign workers. In addition, there are a number of local initiatives like a recently launched campaign in Ulm. Under the slogan “Make it in Ulm”, all activities in the university town are bundled in the campaign around the recruitment and retention of foreign specialists.
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