Work Hours in Germany: A Comparative Insight
Recent studies reveal that Germans work considerably fewer hours than their counterparts in most OECD countries, trailing only France and Belgium. The decline in work hours prompts concerns about a looming labor shortage across various sectors.
Germany's high part-time employment rates and the impact of policies like early retirement at 63 are seen as key contributors to this trend. The new Federal Minister of Labor, Bärbel Bas, aims to enhance working conditions, particularly for women, to combat issues like pension poverty.
Despite a slight increase in work hours since reunification, Germany faces a projected deficit of 4.2 billion working hours by 2030, raising alarms about the sustainability of its workforce.
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