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News from 2022-05-24 / KfW Research

KfW-ifo Skilled Labour Barometer May 2022

Despite pandemic and Ukraine war, growing demand is worsening the skills shortage

In April 2022, 44% of all businesses were impacted by skills shortages. They have therefore grown into a much more common production obstacle than before the pandemic. All sectors are affected. Shortages were disrupting operations at 40% of manufacturing firms, the highest share in the past 30 years by a wide margin.

KfW-ifo Skilled Labour Barometer May 2022 (PDF, 250 KB, accessible)

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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.

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