News Update

An ageing population, a low birth-rate and a national preference for part-time work. Germany’s labor market is shrinking fast. In the next five years, the country’s working age population is expected to decline more than any other G7 economy – putting strain on both the pension system and employers’ ability to fill positions. The government is under pressure to take action – and so far, there are a number of options on the table. DW Business spoke to Professor Ulrike Malmendier, one of the five members of Germany’s Council of Economic experts, about what can be done. Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1For more news go to: http://www.dw.com/en/Follow DW on social media:Facebook: https://www.facebook.com/deutschewellenews/Twitter: https://twitter.com/dwnewsInstagram: https://www.instagram.com/dwnewsTwitch: https://www.twitch.tv/dwnews_hangoutFür Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch#germany #business #labor