Germany is grappling with a critical labor shortage and ageing population, with forecasts suggesting a shortfall of 7 million skilled workers by the year 2035.
With approximately 7,00,000 job openings remaining vacant, the economic growth potential of the country has decreased to approximately 0.7 per cent from approximately 2 per cent in the 1980s, as reported by DW.
“Engaging the Indian student population in the German workforce may be part of the solution,” the report said.
German Economy Minister Robert Habeck has emphasized the significance of migration in addressing this expanding gap, noting that if the issue is not resolved, the growth rate is projected to further decline to 0.5 per cent.
With a record number of Indian students attending German universities, and with Indians comprising the largest group of international students in Germany, the German government is also concentrating on resolving its labour shortages, reported TOI earlier.
According to the Federal Statistical Office, there are around 43,000 Indian students enrolled in German universities.
International students make up around 14 per cent of all students in the country, according to Michael Flacke, spokesperson for the German Academic Exchange Service.
International students are often the "so-called ideal immigrants" because they have already lived in Germany and learned the language, Flacke told DW.
"At the same time, we know that learning the German language, finding one's way in the German university system, which is very much geared toward independence, and the transition to the labor market poses particular challenges for international students," he said.
Enzo Weber, an employment research specialist at the University of Regensburg, said that tapping into international talent pools becomes essential as Germany faces an aging population and a shortage of skilled workers, as reported by DW.
"By providing opportunities to international students, the state not only aims to attract skilled individuals but also to cultivate a pipeline of talent for the workforce," he said.
Source: https://economictimes.indiatimes.com/nri/study/ger-many-opportunities-for-indian-students-as-european-bigwig-looks-to-fill-labour-gap/articleshow/109589718.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
