GERMANY PROMOTES RECRUITMENT OF FOREIGN PUBLIC BANKERS DUE TO SKILLED LABOR LACK
To solve the problem of skilled labor shortage, speaking to the media on June 3, Federal Interior Minister Nancy Faeser announced the signing of migration cooperation agreements with other countries. . This is an important step in the German Government’s efforts to increase human resources from partner countries.
In the German economy, the shortage of skilled labor is becoming a serious problem. The German government is focusing on encouraging the recruitment of workers from other countries to solve this situation.
To meet the growing demand for labor in many industries and services, the German Government has passed a new law on skilled labor immigration, aiming to improve conditions for attracting workers to work in Germany. Virtue. This law took effect from June 1.
Besides passing new immigration laws, the German Government has also reformed nationality laws. Under this new nationality law, legal immigrants in Germany will be allowed to apply for citizenship after 5 years, instead of 8 years as before. With excellent performance, the waiting period can be shortened to just 3 years.
All of these efforts and new regulations are aimed at attracting and quickly increasing skilled labor from foreign countries, to meet the increasing labor needs of the third largest economy. In the world.
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