Regional Labour Market North-Rhine-Westphalia (Germany)

North Rhine Westphalia is the largest federal state in Germany with more than 17 million inhabitants and an unemployment rate of 8.5% in total. With 521,2 billion € North Rhine Westphalia is the economically most important state in Germany, as well as one of the most important economical areas in the world. Nearly 21.8 % of the total German GDP is earned in North-Rhine-Westphalia.

These figures show clearly the important role which North-Rhine-Westphalia is playing for the German Economy. Due to this, the unemployment rate and the labour market in general, are good indicators for the future development of new innovative technologies and greener sectors of economy. The unemployment rate is in comparison to the other western federal states at a quite high level e.g. Bavaria 6,1%. Most employees in North Rhine-Westphalia work in the service sector, especially in business services. The state is an important industrial region, despite the ongoing structural crisis in the “Ruhr- and Bergisches Land” areas, and the number-one region for energy in Europe. A flexible and well educated workforce is of great importance for the companies located in North Rhine Westphalia. The state parliament is investing large sums into the educational- system, in order to improve the educational-level of the workforce to make the region more financially rewarding for oversee companies.

Source: http://ec.europa.eu/eures/main.jsp?catId=362&acro=lmi&lang=en&countryId=DE&regionId=DEA&nuts2Code=null&nuts3Code=null,

http://www.iab.de/en/publikationen/regional/nordrhein-westfalen.aspx

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3 thoughts on “Regional Labour Market North-Rhine-Westphalia (Germany)

  1. North Rhine-Westphalia has the strongest economy and also the best employment opportunities for foreign nationals. Almost two million of the population of around 18 million are foreign nationals. Most of these come from Turkey, the former Yugoslavia, Italy and Greece. I think this is very good thing for the country and also for people who are searching employment in a highly developed country like Germany.

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  2. North-Rhine-Westphalia is well-know as a Europe’s number 1 investment location because of its natural resources(coal mining, gas) and it is one of Europe’s largest markets. That’s why i was so surprise that it has so high unemployment rate. There is industry of different kind from agriculture and agricultural food processing industry thought industry (steel, textile, automobiles, energy, chemical) to, of course, services sector (banking, education, insurance, tourism, logistics, trade and commerce, transport) where people can find jobs.

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  3. This sounds not bad. This region is also very important for Europe. Maybe for Germany, it’s the economic center. There are a lot of jobs, well educated people, and so on. There will be a lot of possibilities in the future for young people, and for older people as well. In the end of the article. there is said that the government of Germany pumping money in the education system to improve the education-level. This is very clever, because when you invest now in a region with a lot of opportunities, the economy will rise more and more…

    Reply

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