Germany’s economic boom has pushed vacancies to a record high of 1.2 million.

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, according to Germany’s vacancy in record the last three months of 2017, highlights of the Labour market strongly promoted the rising wages, promote the consumer leading the rise of Europe’s largest economy.
A survey by the IAB Labour office research institute found that the number of vacancies rose by 85,000 in the fourth quarter, to an increase of 128,000 in the first quarter to 1.18 million.
According to the survey, there were 918,000 jobs in the former west Germany and 265,000 in east Germany, according to some 15,000 employers from all sectors of the economy.
“The demand for new workers is the strongest growth point in manufacturing and construction,” said IAB researcher Alexander Kubis.
Data showed 161,000 job vacancies in manufacturing companies, up 35 per cent from a year earlier, while construction companies reported a 24 per cent increase in 98,000 job vacancies.
The index, which measures unemployment and job vacancy rates, fell to 2.0, the lowest on record.
“The data show that the applicant’s labor market has improved, but they also mean that employers are facing an increasing challenge in hiring workers,” Mr. Kubis said.
When asked about the main reasons for the complexity of recruitment, most employers indicated a lack of applicants and insufficient qualifications.

German unemployment fell more than expected in February, according to data, and employment hit a record high in January.
An unusually strong and sustained economic growth and working time long signal led the German companies more concerned to attract and retain talent is far more than the United States, France, Italy and the UK counterparts, ManpowerGroup employee survey in 2016.
Employers are offering incentives, including higher inflation rates, more flexible working conditions than the statutory minimum, and subsidized catering and workplace nurseries.
In order to deal with skills shortages, the German company also from Hungary, Romania, Bulgaria and Spain youth unemployment training plan set in other European countries.

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