Führungskräfte: Hochqualifiziert, erfolgreich, arbeitssuchend – Vier Betroffene berichten

In Berlin, it used to be believed that diligent, motivated and qualified workers could easily find employment. However, the job market has changed. Many companies have stopped hiring new employees and have even reduced staff. According to the Institute for Employment Research (IAB), about 15,000 jobs are lost in the industry each month during the current economic slowdown.

Consequently, a growing number of job seekers are encountering fewer available positions. Recently, even highly qualified academics, executives, or managers are affected. Within a year, the number of unemployed executives across all industries increased by 14%. This is also supported by figures from the Federal Statistical Office.

Moreover, the percentage of academics unemployed for over a year has recently risen. The Handelsblatt launched an appeal on the job platform LinkedIn, to which more than 100 affected individuals responded. They are qualified, many led teams, and some held C-level positions. Most were terminated or offered a reduction contract. Some resigned from their employer of their own accord, believing they would quickly find something new.

Most were between 50 and 60 years old. Four of them share here how their prolonged job search affects them and what challenges they face due to unemployment.