Germany has one of the lowest levels of unemployment in Europe; the forecast for February 2014 is 4.9%. This is not only because of a booming economy but also due to labour market reforms conducted early in the last decade and the impact of demographic change, which means a dwindling supply of skilled workers to replace those entering retirement. The media already coined the phrase Jobwunder to describe the performance of Germany’s labour market. Especially young people can find jobs, with youth unemployment in Germany being forecast at 6.8%.
Germany has one of the lowest levels of unemployment in Europe; the forecast for February 2014 is 4.9%. This is not only because of a booming economy but also due to labour market reforms conducted early in the last decade and the impact of demographic change, which means a dwindling supply of skilled workers to replace those entering retirement. The media already coined the phrase Jobwunder to describe the performance of Germany’s labour market. Especially young people can find jobs, with youth unemployment in Germany being forecast at 6.8%. There are, of course, regional differences. Employment prospects also depend on an applicant’s qualifications. Science graduates and people with vocational qualifications find work relatively quickly in Germany. Although not compulsory for all jobs, it is helpful to have qualifications recognised to help companies understand an applicant’s skills and qualifications. However, many professions are regulated, and even craftsmen working as contractors must have their qualifications recognised.
What about being able to speak the language? If you are living in London and are looking to relocate to Germany, then we may be able to help with private German lessons.