Germany faces jobs crisis 'of a thousand cuts'

> With some 700,000 vacancies currently unfilled, Germany's economic growth potential has fallen to 0.7% from around 2% in 1980s and is set to fall further to 0.5% if the country fails to resolve this problem, Habeck said.

> "We lack hands and minds," Habeck said at news conference presenting the government's 2024 economic report, adding that unfilled vacancies were set to rise due to an ageing population.

> Official estimates suggest Germany's ageing society will be short seven million skilled workers by 2035.

> "It is no longer just about skilled workers," he added.

https://www.reuters.com/markets/europe/germanys-shortage-wor... ("Reuters: Germany's shortage of workers is biggest risk to growth, minister says")