Education, Qualification, Labor Market and Demographic Change

Education and qualification gained importance over the last years for individual job chances, the success of firms as well as the regional and macroeconomic development. Especially the international division of labor, technological advances, organizational changes and the expansion of education contributed to this development.

Considerable regional differences in the development of employment can be observed both in Lower Saxony and all of Germany. Additionally, the demographic change has a major impact on the job market. The declining number of graduates of the education system in the near future is being accompanied by the ageing process of the workforce. It is already foreseeable, that firms will have to face a shortage of skilled labour, resulting from failures of the education and training system which are being intensified by the demographic change. Advanced training could help to increase individual, company and regional adaptability. The research of the NIW considers different requirements on the individual employee groups in particular.

Firms with a strong local focus are additionally confronted with shrinking market potentials because of a declining population. The population prognoses made and continuously evolved by the NIW are being used for the analysis of developments on the labor market and other population-related fields of firms and regions. The analyses provide important basics to derive strategic recommendations for action. It is imperative, to assist firms and regions in overcoming these challenges and the necessary adaption process.