Germany's job vacancy figures hit 1.18 million

Germany's job vacancy figures hit 1.18 million

Published at: 2018-03-08 10:18 | Author: CIJ Europe
Germany's surging economy has led to record high job vacancies, as company's struggle to find the employees they need to meet orders. A survey by the IAB labor office found that in the final quarter of 2017, 85,000 new vacancies emerged, making for a total of 128,000 new ones for the year, producing a total of 1.18 million jobs for which no employee had been found. Of the total, 918,000 were in the former area of West Germany. “Demand for new staff rose the strongest in manufacturing and construction,” IAB researcher Alexander Kubis said, according to the Independent. The construction sector is short 98,000 pairs of hands, while manufacturers can't fill 161,000 positions. “The figures show the improved labour market conditions for applicants, but they also mean rising challenges for employers when recruiting staff,” Kubis said.

Similar Stories:

Foreign investments hit €328m in Montenegro last year
Azmont Investment, the company behind the large-scale Portonovi Resort project along Monte  »
Czech unemployment still falling at 3.2%
Unemployment in the Czech Republic continued its fall in February, dropping to 3.2 percent  »
Czech contractors see revenues jump 10%
Total annual revenues produced by Czech construction companies rose 10 percent, breaking t  »
Croatia’s GDP up 2.3% in Q4 2018
Croatia’s GDP increased by 2.3 percent in the fourth quarter of last year, according to  »
Poland failed to win the next Jaguar and Land Rover factory, on which the automobile giant   »
hat the problems of the sector were never going to come from that side of the development   »
But last year also marked another important deal for Poland, as Norges Bank Investment Man   »