Germany and France plan to launch a "New Deal for Europe" against youth unemployment this month, an issue that has topped 50 percent in several countries. It includes credits for companies that create jobs.
Germany’s aging population means seniors are taking up a larger market share than before. One in every three euros spent comes from a person over 60. Advertisers are reacting to the trend by hiring seniors to model their products.
German Economy Minister Philipp Rösler appealed to top US university students this week to consider Germany as the place to start their IT careers and called for tech entrepreneurs to be offered dual citizenship.
German tech company SAP said on Tuesday it wants to hire hundreds of people with autism to work as software testers and programmers. The search has, it said, begun for people “who think differently from others.”
German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter.