Economic crisis on the digital job market

digitalization

One focus is on eliminating unnecessary suppliers and lowering the cost of cloud computing.

(Photo: obs)

Darmstadt The economic crisis has fully gripped the digital labor market. Especially in the previous growth areas of cloud computing, e-commerce and online marketing, German companies noticeably reduced their demand for digital professionals for the second time in a row in the third quarter.

Overall, the number of advertised positions fell by more than 7,000 to almost 56,000 between July and September. This is shown by the digital job monitor, for which the Berlin Index Group searches all advertised jobs in relevant job exchanges in printed media and on the Internet as well as on 400,000 websites for the relevant job profiles.

Since the spring of this year, IT bosses all over the world have been putting the brakes on spending, according to the current Global CIO Survey by Enterprise Technology Research.

The proportion of companies accelerating digital projects has since fallen from 37 to 25 percent. Conversely, 13 percent of the companies surveyed are now freezing IT projects – after six percent at the beginning of the year.

Top jobs of the day

Find the best jobs now and
be notified by email.

At the center of the savings efforts are the termination of superfluous suppliers and the reduction of the costs for cloud computing.

The only digital qualification that is currently in greater demand is robotics. As the labor market has been swept empty as a result of demographic developments and wages are rising despite the impending recession, more and more companies are investing in automation and robots. The number of industrial robots installed worldwide will increase by 31 percent this year and reach a new record high. The situation is similarly good for service robots, according to current figures from the International Federation of Robotics.

Automation is also necessary to remain competitive, with half of the world’s new industrial robots installed in China last year. That was 51 percent more than the year before, while Germany installed only six percent more industrial robots.

There is a need to catch up here, also in order to achieve goals such as greater sovereignty and sustainability.

dr  Holger Schmidt

dr Holger Schmidt has been involved with the digital economy for two decades. First as a journalist, today as a keynote speaker, author and university lecturer. The economist focuses on the topics of digital transformation, platform economy, artificial intelligence and work 4.0.

More: BMW, VW, BASF: This is how German companies advertise for American skilled workers

source site-16