As the jobless rate in Germany’s southwestern state of Baden-Wüttemberg falls below 4 percent, the dearth of qualified workers means businesses are struggling to fill vacant positions. To attract new recruits, the region has begun holding job fairs where companies offer training as an incentive for young locals, as well as refugees. An increasing number of businesses are now betting on the recent influx of refugees from countries like Syria to find workers.
A programme prepared by Patrick Lovett and Elise Duffau.
Chief Economist, Natixis Asset Management