Skills shortage: How do we deal with the labour shortage?

Result
The shortage of skilled labour is no longer an abstract future scenario, but is noticeably shaping the everyday lives of many companies - as well as many citizens in Germany. For example, three out of five citizens already report longer waiting times or declining service quality - restrictions that affect many areas of life. Technological solutions such as automation and digitalisation are seen by the population as possible levers to alleviate bottlenecks. Political measures also meet with broad approval: three quarters of the population are in favour of easier immigration of international skilled workers and faster recognition of foreign professional qualifications. It is also striking how often the lack of skilled labour is not perceived as a personnel problem alone, but as a consequence of inadequate pay and unattractive working conditions.

Reasons
The intensity with which citizens are experiencing the consequences of the skills shortage is the result of structural changes in the labour market. Demographic change, an ageing society and the increasing demand for highly qualified workers are exacerbating the situation. And even though digitalisation is advancing in many sectors, automation processes often lag behind the possibilities.
The complexity and lengthy process of recognising foreign qualifications makes it difficult to integrate international skilled workers quickly. In addition, unattractive working conditions and remuneration that is perceived as inadequate act as a deterrent to potential applicants - both at home and abroad.

Forecast
The targeted recruitment and successful integration of international skilled workers will continue to gain in importance. Simplified recognition procedures, targeted language training and supportive integration services can facilitate access to the German labour market and thus counteract the shortage of skilled workers. At the same time, tapping into previously unutilised potential in Germany will provide further relief. A better work-life balance, flexible working hours and more working from home enable many people to work more.
The attractiveness of many professions can also be sustainably increased through improved working conditions and appropriate remuneration. Companies that focus on appreciation, development opportunities and fair pay gain in the competition for talent.
In the medium term, the social debate about a later but voluntary retirement age will also become more relevant. In future, those who want to and are able to work longer will have the opportunity to contribute their experience and actively participate in working life. If we succeed in combining these different approaches, there is a good chance of noticeably alleviating the shortage of skilled labour in the coming years.