More Than Half of German Companies Report Labor Shortages

More Than Half of German Companies Report Labor Shortages
A steel worker grinds a steel cast at ‘Friedrich Wilhelms-Huette (FWH) Stahlguss' steel casting firm in Muelheim an der Ruhr, Germany, on April 2, 2022. Thilo Schmuelgen/Reuters
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BERLIN—More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in the latest sign of growth headwinds belaboring Europe’s largest economy.

The proportion of companies facing difficulties hiring was at its highest ever level, the DIHK found in its survey of 22,000 companies, with 53 percent reporting shortages.