Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267076 
Title (translated): 
The labor market is currently experiencing a turn of eras
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 9 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 673-676
Publisher: 
Springer, Heidelberg
Abstract (Translated): 
Increasing labour shortages are mainly due to demographic developments - specifically the baby boom in Germany, with a strong peak in the early 1960s. Despite strong immigration in recent years, the ratio of 20-24 year-olds to 60-64 year-olds was only 75 to 100 in 2021, and if younger cohorts are taken into account, it was even less favourable. This demographic gap can only be closed by migration. However, the workers coming into the country should have qualifications that are compatible with the German labour market, which severely limits the group of potential immigrants. Therefore, previously inactive population groups must also be attracted to gainful employment and automation must be promoted.
JEL: 
J11
J21
F22
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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