The German labor market offers excellent opportunities if you wish to come to Germany for your studies and plan to stay after graduation to search for employment. For the first time in its history, around 45 million people were employed in Germany at the beginning of 2019, affirming the country’s overall positive economic climate. However, according to the German Federal Ministry of Labor and Social Affairs’ labor market forecast report for 2030, the number of employed people will decrease by 2.9 million until 2030 due to demographic trends and developments*). This means that today, Germany depends on skilled labor from abroad to secure its economic strength and prosperity in the long run. The German Federal Statistical Office has forecasted the need for around 200,000 skilled foreigners per year starting in 2020 to migrate to Germany to work and thus compensate for the country’s demographic trends*).
It is expected that the importance of education will further increase in the future, forecasting the need for an additional 3 million skilled workers by 2030*). The more highly educated workforce is the only group that is expected to increase in the future, while the workforces with vocational training and with no formal qualifications will both decrease. The report furthermore forecasted a shortage of skilled labor in social, health, and technical industries as well as in management and executive staff.
With its generous 18-month post-study visa period offered to international non-EU students, Germany has created the necessary framework to make it easier for skilled graduates to remain in the country and find employment after their studies.
Several studies have shown that students who feel welcome at the beginning of their studies have a higher willingness to stay after graduation. This is thanks to not only the solid and high-quality education that students receive during their studies in Germany but also the advanced intercultural skills and the network of fellow students and friends that international students acquire while in Germany.
So, the time is now. Come to Germany for your studies and let us assist you, making you feel welcome before, during, and after your studies.
*) Arbeitsmarktprognose 2030 Bundesministerium für Arbeit und Soziales (Official labor market forecast report 2030, German Federal Ministry of Labor and Social Affairs)
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