What challenges does the German job market face in 2024?

The German job market in 2024 faces challenges such as a persisting economic slump, high inflation, fluctuating energy prices, and geopolitical instabilities. Large firms anticipate layoffs, contributing to a cautious hiring environment.

Are there specific industries actively hiring foreign workers in Germany?

Yes, industries such as tech and manufacturing, represented by companies like Siemens, BMW, Adidas, and Puma, tend to hire a significant number of foreign workers. Berlin's startup scene has also been a hub for international talent, although caution in hiring is observed among startups.

How can foreign workers benefit from the Skilled Worker Immigration law in Germany?

The Skilled Worker Immigration law, enacted in November, aims to address the shortage of skilled workers. Foreign workers with specific skill sets, especially in climate-related technology and IT, may find increased job opportunities. A new jobseeker's visa arriving in March 2024 and relaxed visa requirements further enhance prospects for foreign talent.