BERLIN / LONDON (IT BOLTWISE) – The current economic downturn has the training market firmly in its grip. The number of training places is falling while demand is increasing. Andrea Nahles, Chairwoman of the Federal Employment Agency, warns of the long-term consequences and calls for early planning.
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The economic downturn has the training market in Germany firmly in its grip. The number of available training places is falling, while the demand for training places among young people is increasing. Andrea Nahles, Chairwoman of the Federal Employment Agency, emphasizes the urgency of early planning in order not to miss the opportunities for a successful career start.
A noticeable trend is the increasing gap between supply and demand in the training market. While in the past there was an oversupply of training places, the situation has now been reversed. In the last year of training, the Federal Employment Agency recorded a decline in the number of registered training places, while the number of potential trainees increased.
By the end of September, only 191,000 young people were able to start training, which is the lowest level in a quarter of a century. Andrea Nahles predicts that this negative trend will continue, especially for those who enter the race with modest educational qualifications.
Nahles appeals to young people to think outside the box of their dream career and to consider alternative training paths. Sound training offers long-term advantages, as the chances of being unemployed are significantly lower for well-trained specialists than for unqualified workers.
Nahles is also concerned about the impending shortage of skilled workers. By 2035, the economy will lack seven million skilled workers. A rethink in the training market, away from short-term decisions and towards sustainable solutions, is urgently needed.
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