Why working in Germany?
Germany is the central location for business in Europe. It is Europe´s largest and the world’s fourth-largest economy by in terms of GDP. The label “Made in Germany” stands for quality and innovation.
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Why working in Germany is an important question if you are considering to move to Germany and build a new future for yourself. In below article I want to give you an overview why it is worthy to settle in Germany and work over there.
If you are looking on several facts Germany is definetly a good country to find work with a competitive salary, but also it is important to have a working social system as well as a good infrastructure.
This blog post is divided into several parts and should give a good overview about the reasons to work in Germany
Content
- Economic situation in Germany
- BIP comparison in Europe
- Unemployment rate
- Salary check
- Cross check to Europe
- Increasing of salaries
- Increasment of salaries
- Minimum wage
- Price comparison in Europe
- Social system
Economic situation in Germany
Since 2020 the world is having a lot of crises such as the pandemic Corona crisis or since beginning of 2022 the Ukraine war. Even with all these crisis Germany is still having a very rough and stable economy and offering a lot of opportunities in several industries.
Further details can be found under that specific article.
BIP comparison in Europe
Why working in Germany is an important question if you are considering to move to Germany and build a new future for yourself. In below article I want to give you an overview why it is worthy to settle in Germany and work over there.
Unemployment rate
To check about the current situation and potential opportunities it is always worthy to have a look on the unemployment rate, which is provided on a regular base from all countries.
Of course it is always much easier to find a work, when the unemployment rate is not high at all, even it is not impossible to find good work when there is an overall high unemployment rate
After the unification Germany in the 90s the unemployment rate was on their peak level. It was difficult to integrate the people from the „new“ parts of Germany in the job market, but after 2004 the unemployment rate constantly began to sink down. At the end of 2021 and a slight increase due to Covid the unemployment rate was at 6,3%. An interesting fact is still that there is a higher unemployment in the „new“ parts of Germany.
To have a comparison with Europe it is quite clear that unemployment is not a big topic in Germany. Especially for young people there is a huge and good chance to get integrated quickly in Germany.
Unemployment rates in Euope (2021):
| Country | 20 to 64-year-olds | 15 to 24-year-olds |
| Czech Republic | 2,8 | 8,2 |
| Malta | 3,2 | 9,4 |
| Poland | 3,4 | 11,9 |
| Germany | 3,5 | 6,9 |
| Netherlands | 3,5 | 9,3 |
| Hungary | 3,9 | 13,5 |
| Slovenia | 4,6 | 12,8 |
| Denmark | 4,7 | 10,8 |
| Luxembourg | 4,8 | 16,9 |
| Bulgaria | 5,2 | 15,8 |
| Romania | 5,3 | 21,0 |
| Ireland | 5,8 | 14,5 |
| Belgium | 6,0 | 18,2 |
| Austria | 6,0 | 11,0 |
| Estonia | 6,1 | 16,7 |
| Portugal | 6,5 | 23,4 |
| Slovakia | 6,7 | 20,6 |
| EU-27 | 6,8 | 16,6 |
| Finland | 7,1 | 17,1 |
| Croatia | 7,2 | 21,9 |
| Lithuania | 7,3 | 14,3 |
| Cyprus | 7,4 | 17,1 |
| France | 7,5 | 18,9 |
| Latvia | 7,7 | 14,8 |
| Sweden | 7,8 | 24,7 |
| Italy | 9,4 | 29,7 |
| Spain | 14,5 | 34,8 |
| Greece | 14,7 | 35,5 |
If we have a look on the shown figure you can really summarize that Germany is in a very good shape especially in comparison to the average of Europe. Very impressive is the comparison in the group between 15 to 24 year old people.
Cross check
Why working in Germany is an important question if you are considering to move to Germany and build a new future for yourself. In below article I want to give you an overview why it is worthy to settle in Germany and work over there.
Cross check
Why working in Germany is an important question if you are considering to move to Germany and build a new future for yourself. In below article I want to give you an overview why it is worthy to settle in Germany and work over there.
