Fachkräfteengpass

"Fachkräfteengpass" refers to a shortage of skilled workers in specific industries or professions. It occurs when there aren't enough qualified individuals to fill available specialized jobs, leading to challenges for companies and the economy. This can result from demographic changes, like an aging population, or insufficient training and education pipelines. The shortage may cause delays, increased costs, or reduced competitiveness for businesses, and can impact service quality and innovation. Addressing this issue often involves improving education, training, and immigration policies to attract and develop the necessary expertise.