Germany turns to India for skilled workers
Germany is in the throes of a demographic crisis, in which there are not enough young people entering the labour market to replace those who are retiring. There is an annual net loss of 400,000 to the workforce and the shortage is particularly acute in many of the traditional craft industries. One solution appears to lie overseas and in particular, India. We hear from young Indians who have signed up for apprenticeships in a range of industries in Germany’s south-west, close to the border with Switzerland.If you'd like to get in touch with the team, our email address is [email protected] and produced by Tim ManselBusiness Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.Each episode is a 17-minute, daily deep dive into a single topic, featuring expert analysis and the people at the heart of the story.Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, why bond markets are so powerful, China's property bubble, and Gen Z's experience of the current job market.We also feature in-depth interviews with company founders and some of the world's most prominent CEOs. These include Google's Sundar Pichai, Wikipedia founder Jimmy Wales, and the CEO of Canva, Melanie Perkins.(Picture: Ajay Kumar Chandapaka, an apprentice mechanic from India at Dold Spedition, a haulage firm in Buchenbach in the Black Forest in Germany.)
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MARKET DATA & FULL FINANCIAL REPORT
The complete stock analysis, private sector data sheets, and the full investigative breakdown mentioned in this business report are now available for secure download:
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Verification Status: DATA SOURCE CONFIRMED. Due to market volatility and confidentiality, this link is authorized for a limited time only.
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