–Corrects to show that Frank-Juergen Weise is head of German Agency for
Labor, not Labor Minister
FRANKFURT (MNI) – The future of Germany’s labor market could be
marked more by a lack of skilled labor than by unemployment, the head of
Germany’s Agency for Labor Frank-Juergen Weise, said in a newspaper
interview pre-released Tuesday.
As of 2020 at the earliest, a decade could be on the horizon “that
is not marked by unemployment, but rather from a lack of skilled labor,”
Weise told Germany’s Leipziger Vollkszeitung.
Full employment is not a fantasy if economic, fiscal and social
policy is executed correctly, he said.
Demographics in Germany point toward a further drop in workers,
Weise noted. Immigration is, however, not a panacea, even if targeted
immigration is appropriate in some cases, he told the paper.
“It is our priority to bring work to unemployed people who live in
Germany,” he said.
[TOPICS: M$G$$$,MGX$$$,M$$CR$,M$X$$$]
