Germany Requires One Million Immigrants Annually to Address Skilled Labor Shortage, Says Economic Institute Head ...Iraq

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Shafaq News/ Moritz Schularick, the president of the Kiel Institute for the World Economy, disclosed on Saturday that Germany needs approximately one million immigrants each year to tackle the crisis of skilled labor shortage. In an interview with the German newspaper Rheinische Post, Schularick emphasized the necessity of attracting more immigrants to address the shortage of skilled workers. "The greatest competitive disadvantage is not corporate taxes but the shortage of skilled workers and demographics. We need a million immigrants." He stated. Schularick stressed the importance of an open and balanced approach to attracting immigrants to Germany to alleviate the shortage of skilled labo

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