Urgent.News

What's breaking now, across thousands of outlets.

Business

Care-Arbeit: Exklusive Berechnungen: Pflege von Angehörigen bindet Arbeitskraft im Wert von bis zu 22 Milliarden Euro

Millionen Menschen in Deutschland pflegen ihre Angehörigen. Sie reduzieren dafür ihre Arbeitszeit oder geben ihren Job komplett auf. Was die Bundesregierung plant und Ökonomen jetzt fordern.

Original German Read in English

Care-Arbeit: Exklusive Berechnungen: Pflege von Angehörigen bindet Arbeitskraft im Wert von bis zu 22 Milliarden Euro

Caring for family members can consume the labor force of up to 22 billion euros in Germany, according to exclusive calculations by an RWI economist. The research, conducted by Niklas Isaak, highlights the significant impact of unpaid caregiving on the workforce and the economy. Nearly two-thirds of German caregivers are women, and the expense is now recognized as a crucial economic factor.

With seven million people caring for family members, the lack of available labor is becoming a growing problem for the country. In the previous year, there were approximately 60,000 vacant care positions, which the Handelsblatt reports could add 0.25 to 0.5 percent to Germany's economic output if fully utilized. This potential contribution is valued between 11 and 22 billion euros annually.

Additionally, the state could benefit from an extra 3.5 to 5 billion euros in tax and social insurance revenue. The findings are based on a study by the Bertelsmann Foundation, which revealed that roughly 184,000 full-time positions are lost due to caregiving responsibilities. However, Isaak emphasized that this is just an upper limit, and the potential cannot be fully exploited.

The economist assumes that these alternative workers would be as productive and receive similar wages as other employees, but this may not always be the case.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

AEON Vietnam steps up recruitment

AEON Group aims to triple the scale of its operations in Vietnam by 2030 identifying the country as one of its key strategic markets as AEON Vietnam steps up recruitment and workforce development to…

More from Friday 23 October →