Human Resources: Germany needs 100,000 engineers

Germany is facing a shortage of almost 100,000 engineers which economists say is costing the resurgent German economy billions of euros.

The weekly Der Spiegel news magazine cited a study released Monday by the Cologne-based Institute for German Economy (IW).

The number of job vacancies in the engineering sector has surged from 70,000 in 2007 to around 95,000 this year.

The worsening shortage of engineers causes around seven billion euros in damages to the German economy every year, according to the Association of German Engineers (VDI).

Mike Hitchen, Mike Hitchen Consulting Publisher of
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