An ageing population, a low birthrate and a national preference for parttime work. Germany's labor market is shrinking fast. In the next five years, the country's working age population is expected to decline more than any other G7 economy putting strain on both the pension system and employers' ability to fill positions. The government is under pressure to take action and so far, there are a number of options on the table. DW Business spoke to Professor Ulrike Malmendier, one of the five members of Germany's Council of Economic experts, about what can be done.

Subscribe: https://www.youtube.com/user/deutsche...

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook:   / deutschewellenews  
►Twitter:   / dwnews  
►Instagram:   / dwnews  
►Twitch:   / dwnews_hangout  
Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch  
#germany #business #labor