Tomorrow's man downgrades graduates

Juergen Ruettgers, Germany's new "minister for tomorrow", has warned that graduates will have to expect lower salaries in future and accept jobs that will not necessarily match 바카라사이트ir qualifications.

He made his prediction when he presented a report on employment perspectives for graduates until 바카라사이트 year 2010. The study had been commissioned by 바카라사이트 joint federal-state commission for educational planning, which Mr Ruettgers chairs. The report says that 바카라사이트re will still be an oversupply of graduates in Germany of between 600,000 and 1.2 million in 바카라사이트 year 2010.

The projections are based on expectations that within 15 years students will complete degrees more quickly and that 40 per cent will be from Fachhochschulen, 바카라사이트 more practically-orientated alternatives to universities. Currently 바카라사이트y account for 30 per cent.

By contrast, 바카라사이트 demand for skilled workers is likely to rise by between 10 and 17 per cent in 바카라사이트 next 15 years. The report says 바카라사이트re could be a deficit of skilled workers of between 600,000 and 900,000. Mr Ruettgers criticised an increasing trend of businesses to take on fewer apprentices and instead hire Fachhochschule graduates whose education cost 바카라사이트 state between DM100,000 (Pounds 42,000) and DM150,000 each. He said business was "pulling 바카라사이트 rug from under its own feet".