OECD urges Germany to expand workforce by engaging women and seniors
Part-time work is on the rise across the population, particularly among women, parents and older people, the OECD noted in a report presented in Berlin on Thursday.
The Paris-based organization warned that the shortage of skilled labour risks becoming a major drag on economic growth. Germany's tax system incentivizes unequal earnings between spouses, discouraging women from working more hours, the report said. It also criticized financial incentives that encourage early retirement.
Germany's labour shortage is already affecting businesses, with over 81% of firms reporting difficulties in finding workers in a survey covering 2022 and 2023. About 36% even described the situation as a "severe shortage."
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