In the short term, it also means that workers who are still needed in the labour market are retiring. The shortage of skilled workers is already inhibiting growth in many regions of Germany. Companies in the Rhine-Main region now also appear to be expressing support for bonuses for workers who find them new employees.
Jens Weidmann: Global economic outlook – what is the best policy mix? Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, at the Economic Club of New York, New York, 23 April 2012. * 1.