Fachkräftemangel
German
Etymology
Pronunciation
Noun
Fachkräftemangel m (strong, genitive Fachkräftemangels, plural Fachkräftemangel)
- (economics) skills shortage
- 2021 April 7, “Fachkräftemangel: Ökonomen fordern mehr Zuwanderung und höheres Rentenalter”, in Der Spiegel[1]:
- Der Fachkräftemangel droht sich laut einer Studie des arbeitgebernahen IW Köln bis 2040 drastisch zu verschärfen. Der Staat müsse schon jetzt gegensteuern, verlangen die Ökonomen.
- The shortage of skilled workers threatens to drastically exacerbate by 2040, according to a study by IW Köln, the business-friendly German Economic Institute in Cologne. The economists insist that the government must take measures to address this now.
Declension
Declension of Fachkräftemangel [masculine, strong]
Synonyms
- Arbeitskräftemangel (labor shortage; broader term)
- Vakanzzeit (vacancy period; often an indicator of shortage)
Antonyms
- Fachkräfteüberschuss (surplus of skilled labor)
Coordinate terms
- Erwerbsbeteiligung (the extent to which the population is active in the labor market)
- Vollbeschäftigung (a state where everyone willing to work finds a job)
- Arbeitslosenquote (the percentage of the labor force that is unemployed)
- stille Reserven (potential workers not officially registered as unemployed but willing to work under certain conditions)
- Arbeitskräftemangel (a general shortage of workers, regardless of their specific qualifications)
- Überbeschäftigung (a situation where the demand for labor exceeds the supply, often leading to inflation)
Related terms
- Nachwuchsförderung (promotion of young talent)
Further reading
- “Fachkräftemangel” in Duden online
- “Fachkräftemangel” in Digitales Wörterbuch der deutschen Sprache