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 tell us about the challenges they face.
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 an increase in unemployment among highly qualified individuals, including academics, executives, and managers.
The number of unemployed executives across all industries has risen by 14% in the past year, and the proportion of academics who have been unemployed for over a year has also increased.
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.
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