Labor market: number of vacancies in industry has risen sharply

Labor market: number of vacancies in industry has risen sharply

The labor market in Germany is recovering from the Corona crisis. In the second quarter, the search for employees is much greater – especially in one industry.

The number of vacancies to be filled in German industry rose sharply in the second quarter.

Compared to the first quarter, the number of vacancies in the manufacturing sector has increased by 21 percent, announced the Institute for Employment Research (IAB) on the basis of its job survey in Nuremberg. Across all sectors, the number rose by 3 percent or a total of 38,000 jobs – 26,000 were in industry alone.

“Overall, there is a broader recovery effect on the German labor market,” said IAB labor market researcher Alexander Kubis. There are also numerous vacancies in the service sector, for example in the hospitality industry, in the cultural sector and in the healthcare sector. “The Covid 19 pandemic has left a very clear mark on the labor market,” said Kubis. In this respect, the sharp increase in vacancies in the sectors particularly affected by the crisis is also a result of the recovery.

With its job survey, a survey of companies, the IAB examines the entire job vacancy in Germany four times a year. In the second quarter, 6,500 employers answered the questions from the Nuremberg researchers.

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