Home News IZA Director expected by the end of mass unemployment – WiWo

IZA Director expected by the end of mass unemployment – WiWo

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2010-08-13_Zwiebackfabrik_ddp MUNICH (Dow Jones) – In Germany there , according to the Institute for the Study of Labor ( IZA ) will hardly give even the unemployed. "The issue of mass unemployment, we can check off for the coming decades, " said IZA Director of Labor , Hilmar Schneider, "Business Week ". ( Reuters photo 🙂

Reason is the demographic change that will shake up the " full employment ",
According to Schneider the economy are missing from 2013 to 2035 calculated every four to five years about 1 million workers. The labor market will therefore be " courted the employee market, where specialists from the company. " This would probably lead to significant increase in wages. In future, it might come even to business failures as companies , people who need them , simply can not pay more. Some companies also are likely to migrate , "predicted Schneider.
Website: www.wiwo.de
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