{
  "id": 6248776,
  "title": "Germany could face shortage of 723,000 skilled workers by 2029",
  "url": "https://urgent.news/2026/09/08/germany-could-face-shortage-of-723-000-skilled-workers-by-2029",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T05:58:09.000Z",
  "source": {
    "name": "Ghana Business News",
    "slug": "ghana-business-news",
    "url": "https://www.ghanabusinessnews.com/2026/09/08/germany-could-face-shortage-of-723000-skilled-workers-by-2029/"
  },
  "original_language": "en",
  "account": "Germany could face a significant shortage of around 723,000 skilled workers by 2029, nearly double the number recorded in 2025, according to a study conducted by the German Economic Institute (IW). The institute revealed that the country was already short of approximately 370,000 skilled workers in 2025. The most critical shortage by 2029 is projected to be in the sales profession, with around 39,100 positions potentially remaining unfilled, the study predicted. Other sectors expected to face significant shortages include childcare and education, with a projected deficit of 29,900 workers, and social work and social education, with 23,600 workers expected to be in short supply. Healthcare and nursing could also face a shortage of 18,700 workers, followed by electrical construction, which could see a shortfall of 17,400 workers, the study found. The study's author, Alexander Burstedde, attributes the expected increase partly to the large number of individuals who will retire in the coming years. Additionally, the Institute projects that there will be insufficient younger workers entering the labor market, while Germany might find it more challenging to attract workers from abroad. Furthermore, an economic recovery could exacerbate the demand for skilled workers, according to Burstedde. The IW analysis forecasts labor market trends up to 2029 based on data available up to the end of 2024, showcasing how the skilled worker shortage could evolve if current trends persist.",
  "summary": "Germany could face a shortage of around 723,000 skilled workers by 2029, nearly twice the level recorded in 2025, according to a study by the employer-linked German Economic Institute (IW). The post Germany could face shortage of 723,000 skilled workers by 2029 appeared first on Ghana Business News .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}