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September 21, 2022

How do we solve the shortage of skilled workers? Idea 2 of 3

The German economy is suffering from an acute shortage of personnel and the situation will only get worse in the future.
Over the next 15 years, almost one-third of the workforce is expected to retire. Strictly speaking, that's 12.9 million "baby boomers" who cannot be replaced in terms of numbers by subsequent generations.

Hence the next idea on how to solve the problem:

More women should work! Or women should work more.

The labor force participation rate of women is on average 10% lower than that of men.

Probably the first and most significant reason that comes to everyone's mind for this is that women are busy with family care and therefore can go to work less than men. This is because, in practice, childcare is often still the responsibility of mothers.

And this is where the cat bites the tail:

Due to the lack of daycare places, women are often forced to spend several years at home with the children.
Which, of course, is not a bad thing in itself! But there are not many opportunities to go to work, whether full or part time.

Lack of personnel causes lack of personnel DOT.

But why does the woman of today actually stay at home?
Could it be because men in the same position earn 7% more and the average hourly wage is even 18% higher?

How could we get more women or women to go to work more? Ideally, without the man having to stay at home.

Can Germany create these circumstances?

In recent years, it has not yet succeeded, but necessity is the mother of invention, as we all know, so we can only hope that the time has finally come for the necessary change.