Posted on December 14 2021
Germany is Europe's largest economy, making it an obvious choice for those seeking overseas jobs. Germany, according to recent studies, has a large number of job openings as well as a skills shortage. By 2030, Germany is expected to have a skills shortage of at least 3 million workers. An older population and a reduced birth rate are the main reasons for skill shortage.
According to a study by the Prognos Research Institute, Germany could face a shortage of medical professionals, technicians, and researchers and medical professionals by 2030. A similar view is echoed by the Federal Ministry of Labour which warns of a shortage of skilled professionals.
Another study conducted states that Germany will be dependent on immigrants from non-EU countries to meet the demands of its skill shortage. The study states that the country will need an annual immigration target of 260,000 people for at least forty years from now.
Job opportunities in STEM and health-related industries will be available. Engineers from the fields of engineering, mechanical engineering, electrical engineering, and information technology are among them. As the country's older population grows, the healthcare industry will see greater demand, particularly for nurses and caretakers.
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Job outlook for 2022
The following occupations will be in demand in Germany in 2022.
Medical professionals
There will be a demand for healthcare professionals. Individuals having a foreign medical degree can immigrate to the country and apply for a license to practice medicine. A license to practice in Germany can be obtained by applicants from both EU and non-EU countries. Their degree, however, must be equivalent to the German medical certification.
Sector | Average annual salary |
Information technology | 47,000 EUR |
Finance and Banking | 45,000 EUR |
Medical | 46,000 EUR |
Human resources | 32,000 EUR |
Engineering | 55,000 EUR |
IT professionals
Even in non-technical jobs, there is a growing demand for digital capabilities. As a result, businesses are having a tough time filling job openings and many are unsure how to describe the new digital job descriptions for those vacancies.
Many new professions have been generated as a result of the digital transition, which were not available just a few years ago. As a result of the unexpected demand, there are frequently too few qualified professionals who can fill specific tasks and are thus in high demand.
Engineer
Automation and related technology will also have a significant impact on the engineering industry. Data Science and Machine Learning will be useful skills for engineers who want to work in high-paying industries. Civil engineering, mining engineering, and mechanical engineering are among the other engineering fields that are predicted to be lucrative career options.
Finance and Banking
In 2022, major businesses in Germany's finance and banking industries are likely to maintain their recruitment efforts. Internationally qualified and experienced finance experts will be in high demand.
In Germany, finance and banking professionals earn an average yearly salary of roughly €40,000.
Human resources
The COVID-19 pandemic has significantly altered job dynamics and organization, HR specialists who can adapt to the new work culture will be in high demand. People management in a remote/hybrid work environment will be a challenge for HR professionals who have not updated their skillset to meet the task's requirements.
To find a job in Germany, you can either come here through the Job Seeker Visa or apply for a job from your home country and once you land a job apply for an EU Blue Card or a Residency permit before migrating to Germany.
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Germany job outlook
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