Ask HN: Why there is a labour shortage in Germany?

25 points

3 years ago

https://www.euronews.com/2023/06/23/german-lawmakers-approve-a-plan-to-attract-skilled-workers-to-plug-the-countrys-labor-gap

https://www.reuters.com/business/energy-crisis-inflation-push-more-german-firms-into-insolvency-study-2023-06-29/

There were 8,400 corporate insolvencies in Germany from January to June, up 16.2% from the first half of 2022 and the biggest percentage increase in more than 20 years,

How come there is a labour shortage when Germany is facing deindustrialization?

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