More Germans left without jobs this summer as economy contracts

https://www.euronews.com/business/2024/07/31/more-germans-left-without-jobs-this-summer-as-economy-contracts

by Rinzler89 • 2 years ago

23 15 2 years ago

r9295• 2 years ago

I seriously doubt the claim that companies held onto workers during the economic downturn, Why are there companies complaining about staff shortages (eg: Deutsche Bahn, Airport staff etc) if they retained their staff?

kuschku2• 2 years ago

Because more people are retiring than are finishing school. The baby boomers are the largest post-war generation in Germany, and that's coming back to bite us.

Most importantly, companies aren't used to the employment market being a seller's market, so they're not willing to pay competitive rates for new hires.

As result, no one's willing to do 3 years badly paid training (Ausbildung) just to earn below-average wage in a dead-end job.

tetris11• 2 years ago

...lots of people do Ausbildung, and it's a great way to get a steady permanent career with an automatic payrise. A lot of people in other first world countries would kill for such stability.

marginalia_nu• 2 years ago

Sometimes the reason a company can't find staff is that almost nobody is willing to accept the salary they offer.

Rinzler89• 2 years ago

This. Shortages are mostly in jobs that suck like gastronomy or hard labor like warehouse work or in jobs that are highly niche and skilled like Doctors or scientists.

Well paying jobs that are easy to do have no shortages, in fact, you never see them advertised as they are usually quickly filled via internal hires or direct referrals.

0x000xca0xfe• 2 years ago

Staff shortages in Germany usually are salary shortages, i.e. companies could easily hire more staff if they would double the pay but they won't.

For example, entry level salary for software developers is virtually the same as 10 years ago despite the crazy increase in cost of living.

kkfx3• 2 years ago

Germany have poor infra and lack cheap energy, they can't correct the dramatic situation they have alone...

jasonvorhe3• 2 years ago

Exactly. Just listen to the heads of industrial trade unions during press conferences or member meetups. (Don't know the correct term for it.)

German industry without Russian gas is dead in the water.

And it doesn't matter if you're voting CDU/CSU, SPD, Greens, Linke - they're all incapable of changing anything. I'd be surprised if anything would change if AfD or BSW had anything to say. It's probably too late.

No one will dare to provoke the US by talking to Putin about buying gas through that still functional Nordstream pipeline.

Reeks of collective national suicide.

kkfx3• 2 years ago

The suicide it's started with the WWI, where we (Europeans, but not alone) have wasted enormous resources, ALSO human intelligence one, killed in the war, and well... We never recovered.

Some observe nazi Germans as a big recovery after WWI, but they ignore that their tech was NOT born in their system, but before it, they only have found ways to profit (for a short time) from that, similarly post-WWII recovery was typically seen as a miracle but actually is the fire in the pan having generated the present. Post-WWII Germany have chosen (at least they was forced someway to) not to develop significant social infra, like rails, roads etc, as opposed for instance to France. As a result they are nearly the sole in the EU and surrounding with still so much not electrified trains, they relay so much on coal, they have a terrible telecommunication national network and so on. Long story short even with a remarkable (past) industrial development they are terribly fragile and without Russian gas they are simply done.

They have still a bit of high tech, but most of the industry is stuck in the past, like most people mental models, so they tend to waste their valuables assets anyway.

IMVHO as an EU (Italian) citizen the sole option for the whole EU is a POLITICAL union with France as the leader who unites, seeking partnership with the EAEU, our tech, witch is still very valuable even if falling rapidly behind here and there to China, and our industrial management in exchange of development space and natural resources. We both need the others, we can't both overpower each others, so we much remain on a fair plan, no matter each party agenda. That's would generate a base stable enough and with natural resources enough to grow and re-gain a dominant global position WITHOUT the need of a global aggressive projection because internal resources will suffice for a century at least. Unfortunately that's against both USA/UK and China interests and we are way to far for such a union...

rasz• 2 years ago

Gas will flow again after putin is dead and russia earns money to pay back hundreds of $Billions in war reparations to Ukraine.

More Germans left without jobs this summer as economy contracts

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