Executives: Highly qualified, successful, looking for work – Four people affected report
In the crisis, people whose careers have so far gone steeply upwards are also finding it hard to get a job. Four people affected talk about the challenges this presents them with.
In Germany, the job market has changed, with many companies reducing hiring and cutting jobs. According to the Institut für Arbeitsmarkt- und Berufsforschung (IAB), around 15,000 jobs are lost in the industry every month. This has led to a growing number of job seekers, including highly qualified academics, executives, and managers, facing difficulties in finding new employment.
The number of unemployed executives across all industries has increased by 14% in the past year, and the proportion of academics who have been unemployed for over a year has also risen.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
