skilledforeignworker
On a global scale, more than 100 private start-ups passed the $1 billion valuation mark last year, reaching so-called "unicorn" status. That term is given to a company that reaches such a valuation without being listed on the stock market. Of these new unicorns, roughly 20% were in the Europe, the Middle East and Africa (EMEA) region, compared with 50% in North America, and 30% in the Asia-Pacific area. While Europe has increased its unicorn quota over the last decade, the region still lags behind international counterparts - namely the US and China. "We must remember that the number of start-...
Euronews (English)
If you’ve been thinking about relocating to Germany, this new work permit might be for you. Germany is seeking more skilled workers and has introduced a new way for qualified foreign nationals to move to the country. Called the Opportunity Card, it allows non-EU citizens to come to Germany for a year in order to search for a job. Here’s who is eligible and how the card works. There’s a new way for foreign workers to move to GermanyThe idea for the Chancenkarte, which translates as Opportunity Card, was first floated in 2022 as a way to make it easier for foreign workers to find employment in G...
Euronews (English)
Skill shortages are increasingly becoming a serious problem for employers across Europe, as illustrated by different surveys. In 2023, 54% of Small and Medium-sized Enterprises (SMEs) in the EU reported that difficulties in finding employees with the right skills were one of their most serious issues, according to Eurostat. ManpowerGroup, a global workforce solutions company, also found that three in four employers in 21 European countries could not find the skills they required. This was 42% in 2018, corresponding to 33 percentage points or a 79% rise in the last five years. The survey, publi...
Euronews (English)
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