In Germany, unemployment has fallen from a high of 11.3% in 2005 to an extreme low of 3.4% in the summer of 2018.
- Skilled industries have seen moderate growth over the past three years with employment in the Professional Services exhibiting the largest change of 7% since 2015.
- Increased demand in the Professional Services industry could lead to sourcing difficulties and possible rate inflation as supply of professionals is low and decreasing year on year.