5 Countries With The Highest Labor Shortages In The World

3. Germany

Skilled Labor Shortage: 82%

Ageing Population: 22%

Half of German companies are fighting with labor shortages, despite the country’s economic stagnation, as reported by the DIHK Chamber of Commerce and Industry. The skilled labor situation remains critical, with 50% of surveyed firms struggling to fill vacancies, a slight decrease from January. Approximately 1.8 million jobs remain unfilled, causing a potential loss of over 90 billion euros in added value, equivalent to more than 2% of GDP. Industries like construction and manufacturing are the hardest hit, with 54% and 53% of companies facing labor challenges.