The expansion in Europe’s FinTech sector, such as online-only lenders and challenger banks, has brought on intense hiring competition.
Increase in new orders and booming economy on the home front, along with strong demand from abroad, drove a sharp rise in the number of jobs being created.
Employment is on the rise in Europe’s largest economy with 638,000 jobs created last year, the highest increase since Germany’s reunification in 1990.
Report is published on job market prospects bi-annually and based on forecasts by the national statistics office and the government’s think-tank group, CPB
Europe’s largest economy is showing signs of confidence. Unemployment in Germany has continued to decline. The unemployment rate of 5.7% stayed at the lowest recorded since Germany’s reunification.