News from 2025-11-19 / KfW Research

KfW-ifo Skilled Labour Barometer October 2025

Skilled labour shortages continue to fall

At the beginning of the fourth quarter, skills shortages were hampering operations at 26% of businesses. Skilled labour shortages have thus eased further as a result of the weak economic performance. The drop is most significant in industry, which has recorded the steepest declines in sales. Here, 17% of businesses still reported continuing disruption from skills shortages. In the services sector, 30% of companies currently deplore a lack of workers, also slightly fewer than in the previous quarter.

KfW-ifo Skilled Labour Barometer October 2025

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