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OECD report says Germany lacks skilled workers

09-14-2011 08:45 BJT

BERLIN, Sept. 13 (Xinhua) -- Germany is increasingly in acute shortage of skilled young workers, as merely one fourth of its people succeeded in finishing higher education or certificates in specialty, a report from the Organization for Economic Cooperation and Development (OECD) showed Tuesday.

Statistics show that the country's investment in the sector of education accounted for only 4.8 percent of the German GDP, far less than that of many other European countries.

The proportion of German people in the worldwide talent pool also shrank rapidly. Among the age group from 55- to 64-year-old highly-qualified talents in the OECD countries, the Germans account for only 6.3 percent, with 2.46 million people having attained a tertiary qualification, while those in the age group from 25 to 34-year-old, the number standing at 2.48 million, account for just 3.1 percent.

The report attributed this phenomenon to the progress made by countries like China to claim an increasingly larger share in the global talent pool. On the contrary, the growth in the number of highly-educated individuals in Germany has been exceptionally slow.

Among the total 27 OECD countries, Germany ranks on 23rd in its proportion of university graduates with 29 percent, well below the OECD average of 39 percent, and is on fifth among the OECD countries when it comes to graduation rates from advanced research programs, with 2.5 percent.

Germany is notable for the lowest tuition fees for higher education, and has the same fee levels for international and domestic students, thus making it the destination for 7 percent of all international students -- the 4th most popular destination for overseas students, behind the U.S., Britain and Australia.

Consequently, 25 percent of foreign students in Germany stayed with a local job offer after graduation and settle down.

 

 

Editor:Zhang Rui |Source: Xinhua

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