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| Germany’s Medium-Sized Firms Lack Skilled Workers, Die Welt Says |
| Berlin, 11.03.2012 |
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| Germany’s medium-sized companies lack skilled workers, eroding at least 30 billion euros ($41 billion) in annual revenue, the newspaper Die Welt reported, citing a study by Ernst & Young LLP.
Almost a third of 3,000 medium-sized companies polled are planning to hire staff, the report said, according to Die Welt. Three out of four firms are already facing difficulties to fill vacancies, the newspaper reported.
To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net.
To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net
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