The Current Job Market in Germany 2024 (The Reality)

Everything about Studying in Germany
29 Jun 202408:05

Summary

TLDRThe German job market remains robust despite economic uncertainties, with 45 million employed and a focus on IT, healthcare, and engineering. Remote work is on the rise, and there's a growing demand for AI and tech professionals. Salaries vary by sector, with tech professionals earning €50,000-€80,000 annually. Germany faces a labor shortage, especially in IT, and welcomes international talent, offering opportunities for skilled workers and students.

Takeaways

  • 📈 The German job market is resilient and currently shows positive trends with 45 million people employed.
  • 🏭 Key industries driving the job market include software, telecommunications, insurance, automotive, and machinery manufacturing.
  • 💼 German companies are known for being good places to work, with platforms like Kununu providing company ratings and salary information.
  • 👨‍💻 The IT and healthcare industries are growing rapidly, with the latter benefiting from an aging population that adds over 100,000 jobs annually.
  • 🏡 Remote work is becoming mainstream in Germany, with many companies offering flexible hybrid work models.
  • 🤖 Demand for tech professionals with AI backgrounds is increasing due to ongoing industry transformations through automation and AI.
  • 🛠️ Technical skills such as software development, data analysis, cybersecurity, and engineering are in high demand.
  • 🗣️ Bilingualism in German and English is advantageous, with a preference for German-speaking candidates in the job market.
  • 💼 Despite competition in certain sectors, there is a significant shortage of skilled workers, particularly in IT, presenting opportunities for international talent.
  • 🌐 The German government is actively supporting job creation and is open to international students and workers to address labor shortages.

Q & A

  • 德国当前的就业市场状况如何?

    -德国的就业市场在2024年继续保持强劲,经济稳定增长,失业率低。尽管存在人口老龄化、技术进步和行业需求变化等挑战,但德国的就业市场仍然表现出韧性和适应性。

  • 德国是否存在工人短缺的问题?

    -是的,德国确实面临工人短缺的问题。人口老龄化和特定行业的专业人才不足是造成这一现象的主要原因。此外,某些行业如社会工作、儿童保育、教育、销售以及运输和物流行业尤其缺乏熟练的专业人才。

  • 德国哪些职位的需求高且薪资待遇好?

    -德国对IT、数据分析、网络安全、人工智能、可再生能源和工程等领域的专业人才需求很高。这些领域的技术专家和工程师可以期待获得较高的薪资待遇。例如,技术专业人士在2024年的平均年薪可能在50,000至80,000欧元之间,而医生的年薪可能在80,000至150,000欧元之间,而护士的年薪则在30,000至50,000欧元之间。

  • 德国的远程工作趋势如何?

    -德国的远程工作已经成为主流,许多公司提供更灵活的混合工作模式。大约有25%的人从事某种形式的远程工作,家庭办公在德国越来越普遍。

  • 德国的自动化和人工智能行业的发展情况如何?

    -自动化和人工智能正在改变德国的行业,对具有AI背景的技术专业人士的需求正在增加。尽管欧洲在AI创新方面并不是最前沿的,但德国正在大力建设这一领域,为求职者提供了更多的机遇。

  • 在德国找工作时,哪些技能组合最受欢迎?

    -在德国,技术和软技能的结合将使你在就业市场上非常有竞争力。技术技能,如软件开发、编程语言(如Python和JavaScript)、数据分析、网络安全和工程等领域总是有很高的需求。同时,会说德语和英语也是一个很大的优势。

  • 德国就业市场的挑战有哪些?

    -德国就业市场的挑战包括竞争激烈的职位,尤其是只需要英语的工作难以获得,以及IT和工程领域的大公司职位竞争非常激烈。此外,许多公司难以找到合格的候选人,例如目前德国缺少大约100,000名IT专家。对于国际学生和求职者来说,语言障碍也是一个挑战。

  • 德国政府如何应对劳动短缺问题?

    -德国政府正在通过支持创造就业和就业机会的多种项目来应对劳动短缺问题。他们不断创建职业培训项目和学徒计划,每年提供超过500,000个学徒机会。此外,由于熟练工人的短缺,雇主意识到他们不能总是找到符合工作要求的完美候选人,因此他们正在尝试对资格要求更加灵活。

  • 德国的平均工资是多少?

    -根据2024年的数据,德国全职员工的平均月薪为4,187欧元,年薪为50,250欧元。但请注意,这是平均值,实际工资可能因行业、地区、经验和技能等因素而有所不同。

  • 德国的生活成本如何?

    -德国的生活成本总体上与欧盟平均水平相当。2024年第二季度,德国学生或节俭人士的平均月生活费用估计为1,150欧元。这笔钱用于支付最基本的每月开销,但大多数德国人的月开销会超过1,150欧元。

Outlines

00:00

📈 Overview of the German Job Market

The German job market is thriving despite current global uncertainties like inflation and the ongoing war near its borders. The economy has shown resilience, with the employment rate rising and Germany becoming the world's third-largest economy. Key industries driving the job market include software, telecommunications, insurance, automotive, and machinery manufacturing. German companies are known for being good places to work, and job seekers are advised to check company profiles on platforms like Kununu. The IT and healthcare sectors are growing, with the latter experiencing significant growth due to an aging population. The job market is also focusing on industrial output, export performance, and investments in green and digital technologies. Remote work is becoming mainstream, and there's a growing demand for tech professionals, especially those with AI backgrounds.

05:01

🌐 Opportunities and Challenges in the German Job Market

Germany is facing a significant labor shortage due to an aging population, which presents a substantial opportunity for international talent. Companies are increasingly looking to global recruiting strategies to fill skill gaps, and the government is supporting job creation through vocational training and apprenticeships. Employers are becoming more flexible with qualifications, focusing on practical skills over theoretical knowledge. The German government is actively trying to attract skilled international students and workers to address the labor shortage, with recent changes making it easier for international graduates to stay and work in Germany. Salaries vary by industry and location, with tech professionals, engineers, and finance roles offering competitive packages. Healthcare professionals, particularly doctors, can expect higher earnings. The job market in Germany is promising, with cybersecurity, AI, renewable energy, IT, natural sciences, air transport, and energy technology being fields with expected growth in job openings.

Mindmap

Keywords

💡German job market

The German job market is characterized by a resilient economy and a rising employment figure, with 45 million people currently employed. Despite global uncertainties such as inflation and geopolitical conflicts, Germany's economy remains strong, driven by key industries like software, telecommunications, insurance, automotive, and machinery. The job market is also adapting to trends like remote work and increasing demand for tech professionals, reflecting the country's focus on industrial output, exports, and investments in green and digital technologies.

💡Inflation

Inflation is currently affecting the global economy, including Germany, by causing an increase in the general price level of goods and services. This economic factor can influence wage demands and the cost of living, which in turn can impact the job market by affecting hiring trends and salary expectations. The video suggests that despite inflation, the German economy is doing well, indicating that the job market has been somewhat resilient to these economic pressures.

💡Remote work

Remote work has become mainstream in Germany, with many companies offering flexible hybrid work models. This trend is changing the traditional job market dynamics by allowing employees to work from home, which can lead to a wider talent pool for companies and better work-life balance for employees. The shift towards remote work is also indicative of the growing importance of digital technologies in the job market.

💡IT and healthcare industries

The IT and healthcare industries are highlighted as areas of significant growth in the German job market. The aging population in Germany is contributing to the demand for healthcare professionals, adding over 100,000 jobs per year. Similarly, the increasing importance of technology in all sectors is driving the demand for IT professionals. These industries are key areas for job seekers looking for high-demand jobs with potential for growth and stable employment.

💡Skilled worker shortage

Germany is experiencing a shortage of skilled workers across various industries, including social work, childcare, education, sales, transport, logistics, and more. This shortage is due to demographic imbalances and a lack of qualified professionals. The video suggests that this presents an opportunity for international workers with the right skills to find employment in Germany.

💡Green and digital technologies

Germany is focusing on investments in green and digital technologies, which is creating new job opportunities in these fields. The push towards sustainability and innovation is driving the demand for professionals with expertise in renewable energy, environmental sciences, and digital transformation. This trend underscores the importance of staying updated with the latest technologies and being adaptable to new skills requirements in the job market.

💡Job market trends

Current job market trends in Germany include a shift towards remote work, an increased demand for tech professionals with AI backgrounds, and a need for both technical and soft skills in candidates. The video also mentions that the German job market is competitive, especially for roles that require only English and for positions in large companies. Despite this, there is a general shortage of skilled workers, which is creating opportunities for international talent.

💡Salaries in Germany

Salaries in Germany vary by industry and location, with tech professionals, engineers, and finance roles offering competitive packages. The video provides a salary range for tech professionals of between 50,000 and 80,000 euros per year, indicating that compensation is attractive for skilled workers in these fields. Salaries are an important consideration for job seekers and can be influenced by factors such as experience, qualifications, and the cost of living in different regions of Germany.

💡International job seekers

The German job market is becoming more open to international job seekers due to the labor shortage and the government's strategies to attract skilled workers from abroad. The video suggests that companies are increasingly looking to global recruiting to fill gaps in the job market, and the government is supporting this with programs for job creation and employment. This trend presents opportunities for international workers to find employment in Germany, particularly in high-demand fields.

💡Apprenticeships

Apprenticeships are a significant part of the German job market and are offered in over 500,000 positions per year. They provide vocational training and on-the-job experience, which are highly valued by employers. The video mentions that despite the high number of available apprenticeships, there is a shortage of applicants, indicating that this can be an excellent opportunity for those looking to enter the job market with practical skills and industry experience.

Highlights

The German job market is resilient despite inflation and geopolitical instability.

Germany's economy has become the third largest in the world.

Key industries driving the German job market include software, telecommunications, insurance, automotive, and machinery.

Germany's job market is focusing on industrial output, export performance, and investments in green and digital technologies.

Remote work is becoming mainstream in Germany with companies offering flexible hybrid models.

Automation and AI are transforming industries, increasing the demand for tech professionals with AI backgrounds.

Technical skills such as software development, data analysis, cybersecurity, and engineering are in high demand.

Being bilingual in German and English is a significant advantage in the German job market.

Germany is facing a labor shortage due to an aging population, presenting opportunities for skilled workers.

The German government is supporting job creation and employment through vocational training programs and apprenticeships.

Companies in Germany are becoming more flexible with qualifications to address the shortage of skilled workers.

Germany is welcoming skilled international students and workers to fix the labor shortage.

Germany needs at least 1.5 million immigrants per year to meet labor demands.

International graduates of German universities have an easier time staying and working in Germany due to extended job search visas.

Tech professionals can expect to earn between 50,000 and 80,000 euros per year in Germany.

Cybersecurity, AI, and renewable energy are industries expected to see the most growth in job openings in Germany.

IT, natural sciences, air transport, and energy technology are consistently good fields to enter in Germany.

Transcripts

play00:03

How is the current job market in Germany?

play00:05

Is there a shortage of workers?

play00:07

And what are high demand

play00:08

jobs with their salaries?

play00:10

Now job market

play00:10

reports and all these charts

play00:12

are not that fun to read,

play00:14

so I did that for you.

play00:15

And in this video, I'm

play00:16

going to tell you everything

play00:17

you need to know about

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the German job market

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in a more interesting way.

play00:21

So everybody knows that there is

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inflation going on right now,

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energy prices are not stable,

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and there's a war not

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very far from Germany.

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So you might say that, you know,

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these are very uncertain times,

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but despite that, I was

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also quite surprised to see

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that the German

play00:36

economy is doing pretty well.

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The employment figure is rising,

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45 million people have a

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job right now in Germany,

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which is a positive trend.

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You know, the German economy has always

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been very resilient.

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And recently, Germany has even become

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the third largest

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economy in the entire world.

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So I want you to understand

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that a couple of key industries

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are driving Germany's job market.

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If you look at the

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biggest companies in Germany,

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you get software giants

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like SAP or Deutsche Telekom

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and telecommunication.

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Allianz is a company in

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the insurance industry,

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and Siemens and Mercedes-Benz,

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which focus on manufacturing for

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automotive and machinery,

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are still a cornerstone of the economy.

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Now, big German companies are also known

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to be good places to work.

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For example, on websites like Kununu,

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you can even look up the rating,

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salaries and reviews of companies.

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So on a little side note,

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before you take a job in Germany,

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I can recommend you check

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the profile of the company.

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I feel like at the moment,

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IT is becoming more and

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more important in Germany.

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At the same time,

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the healthcare industry

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is also massively growing.

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This is because the

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population in Germany is aging,

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and this adds more than

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100,000 jobs per year.

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But in general, I want you to remember

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that Germany is really focusing

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on a lot of industrial

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output, export performance,

play01:54

and investments in green

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and digital technologies.

play01:57

Next, let's talk about the

play01:59

current job market trends.

play02:00

The remote work is becoming mainstream

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and a lot of companies

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offer more flexible hybrid models,

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which is a nice thing in my eyes.

play02:08

I was recently looking for

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an internship here in Munich,

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and I also looked at a

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lot of normal job postings.

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And I noticed that there are truly

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a lot of remote positions.

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Home office is becoming more

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and more normal in Germany.

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On average, 25% of people

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do some form of remote work,

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On the other hand,

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automation and artificial intelligence

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are transforming industries.

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And this means the

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demand for tech professionals

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with an AI background

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who can adapt to new

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technologies is increasing.

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I mean, Europe is not the most innovative

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when it comes to AI,

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but they're building a lot right now.

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And this means more opportunities for you

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because they're just getting started.

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Now, I made a detailed video

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about how you can study AI in Germany.

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Check it out if you want.

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But the question remains,

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what skills are in

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demand right now in Germany?

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In general, a mix of

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technical and soft skills

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will get you really,

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really far in Germany.

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Technical skills are

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always in high demand,

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like software development,

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with coding languages

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like Python and JavaScript.

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And companies are also

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always looking for skilled

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data analysts, cyber security specialists

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and of course, engineers.

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Germany is still an engineering country.

play03:14

You can test it out yourself.

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Just type in different job titles on

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websites like LinkedIn,

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and you will get a good understanding

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of what companies are looking for.

play03:22

Being able to speak

play03:23

both German and English

play03:25

is also a big advantage here in Germany.

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In any case, I can

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recommend you learn proper German

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because companies here prefer

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German-speaking candidates.

play03:33

If you want to know how to

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get a part-time job fast,

play03:36

check out this video.

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I break down all the strategies.

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Now, so far,

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everything sounded very good.

play03:41

But I also want you to

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know about the challenges.

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Because in life, not

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everything is rosy and beautiful.

play03:46

On one hand, keep in mind

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that there are very

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competitive jobs out there,

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especially jobs where

play03:51

you only require English

play03:52

are hard to get.

play03:53

IT and engineering roles

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at big German companies

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are also very competitive.

play03:58

I've seen it with my own eyes.

play04:00

In big cities like Munich,

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hundreds of people apply for one job

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or even one internship.

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On the other hand,

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many companies are struggling to find

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qualified candidates.

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For example, at the moment,

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there is a shortage of

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100,000 IT specialists.

play04:13

But navigating the German job market

play04:15

can be challenging for

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international students

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and job seekers because

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of the language barrier.

play04:23

Now, there is one big problem in Germany

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that might be a huge opportunity for you.

play04:27

What do countries like

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the US, UK, France, Canada,

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and Japan have in common with Germany?

play04:33

There is a massive labor shortage

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because of an aging population.

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So Germany might have

play04:38

difficulties meeting

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its long-term demand for

play04:40

skilled workers in the future.

play04:42

You know, at the moment,

play04:43

immigration is simply not enough.

play04:44

By 2036, 30% of the

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working population will retire

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and there are not enough

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young people to take their place.

play04:51

So there will be a huge

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number of open job positions.

play04:56

Germany is not struggling

play04:57

with too few job opportunities.

play04:59

No, it's the opposite.

play05:01

There is a massive

play05:02

shortage of skilled workers

play05:03

at the moment.

play05:04

So this can be a big opportunity for you.

play05:06

Because of these problems,

play05:08

companies started to turn more to

play05:09

international talent.

play05:10

Immigration certainly helps

play05:12

fill the gaps in the job market.

play05:13

You know, global recruiting strategies

play05:15

are becoming more and more important

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because companies plan to expand teams

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with qualified people from abroad.

play05:21

So there's most likely going to be more

play05:23

of an international

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focus in the world of work.

play05:25

Now, the German government is also

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pumping a lot of programs

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to support job creation and employment.

play05:31

They're constantly creating

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vocational training programs

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and apprenticeships.

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Over 500,000

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apprenticeships are offered per year.

play05:38

Again, I also have a

play05:39

video about apprenticeships

play05:40

on my channel.

play05:41

And because of the

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shortage of skilled workers,

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employers realize that

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they can't always find

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perfect candidates for

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their job requirements.

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So they're trying to be more flexible

play05:50

with qualifications.

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So this means companies are hiring people

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without traditional training or degrees

play05:59

So in Germany, it's all

play06:00

about having the right skills.

play06:02

You also have to show

play06:03

this in the job interviews.

play06:04

Companies don't want people with

play06:06

theoretical knowledge.

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No, they are looking for people

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who can actually do practical work.

play06:11

On this channel, I focus on

play06:12

studying and working in Germany.

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And the good news is

play06:15

that Germany is welcoming

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skilled international

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students and workers.

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And this is one of the

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strategies of the government.

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They want to fix the labor shortage

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by attracting skilled

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workers from abroad.

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To meet the demand for labor,

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Germany is dependent on at

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least 1.5 million immigrants

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per year.

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Yes, you heard it right.

play06:33

1.5 million.

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If you deduct emigration, so people

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leaving the country,

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it leads to a net

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increase of 400,000 people

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in the labor force every year.

play06:41

Now, recent changes have made it easier

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for international

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students to come to Germany

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and the number is growing like crazy.

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For international

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graduates of German universities,

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it also got easier to

play06:51

stay and work in Germany

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because there are

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extended job search visas

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and simplified application processes.

play06:58

So if you want to come to Germany,

play06:59

whether as an international

play07:00

student or a skilled worker,

play07:03

it's important to be as

play07:04

professional as possible.

play07:05

Learn proper German and continuously

play07:07

develop your skills.

play07:08

When it comes to salaries,

play07:10

they are of course

play07:10

different by industry and location.

play07:13

On average, in 2024, tech

play07:14

professionals can expect

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to earn between 50,000

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and 80,000 euros per year.

play07:19

Roles in engineering and

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finance offer similar salaries.

play07:22

In healthcare, the

play07:23

range is a little bit bigger

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with doctors earning

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between 80,000 and 150,000 euros,

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while nurses earn between

play07:29

30,000 and 50,000 euros.

play07:31

So currently the job market

play07:33

in Germany looks promising.

play07:34

I'm also testing the job market right now

play07:36

by applying for

play07:37

internships at big German companies,

play07:42

So in Germany, I can

play07:43

recommend you especially look

play07:44

at industries like

play07:45

cybersecurity, AI, and renewable energy.

play07:48

They are expected to see the

play07:50

most growth in job openings.

play07:51

Apart from that, IT,

play07:53

natural sciences, air transport,

play07:55

and energy technology are

play07:57

always good fields to get into.

play07:58

Don't forget to enroll in the free

play08:00

Germany starter kit course

play08:01

in the video description,

play08:02

download the free

play08:03

studying in Germany guidebook,

play08:04

and join our huge Discord community.

play08:06

Love you and stay focused.

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