Economic Indicators

German companies are recruiting qualified employees

2022.12.01 10:40

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German companies are recruiting qualified employees

Budrigannews.com – On Thursday, the Ifo Economic Institute reported that German enterprises, Europe’s largest economy, are trying to expand their workforce in response to growing demand, particularly in the field of services.

According to the IFA, employment indicators increased from 97.8 points in October to 99.6 points in November. “In Germany, the number of employees may continue to grow, given the easing of tensions.

However, there will always be shortcomings of qualified workers,” she added. For the first time after falling for five consecutive months, ifo employment indicators in industry showed a small increase. This indicator was noticeably increased in the service sector.

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German companies are recruiting qualified employees

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