Germany 2020 - Jobs of the future

Demographic change will heat up the competition for qualified employees. By 2020, almost 4 out of 10 districts in Germany will face a reduction in employment. This development will mostly affect districts and cities in the East of Germany and in economically less developed regions in the West. The trend can only be reversed by a significant increase in regional investment to improve education and qualifications. These are the main findings of the study "Germany 2020 - Jobs of the future" published by the Hamburg Institute of International Economics (HWWI) on behalf of PwC.

Over the next 10 years, the number of highly qualified employees will increase especially in the metropolitan areas of Western Germany such as in the Rhine-Main area, Munich, Stuttgart and Hamburg. On the other hand, the number of highly qualified employees will decrease in rural areas and in large parts of the East of Germany. The trend has direct consequences for the whole employment situation in Germany. "Knowledge industries such as technology companies or innovative service providers not only attract highly skilled employees, they also create employment for the less qualified labour force. The widening gap between metropolitan areas and the rural districts can only be stopped when more highly qualified jobs are created in peripheral regions", says Wolfgang Wagner, member of the PwC executive board. The study "Germany 2020 - Jobs of the future" outlines three scenarios for employment trends in 413 Germany districts and cities by 2020.