Found it, turned out to be in News Week not Time
The New Old AgeThe biggest surprise to me was that Ford Europe was changing the production line in order to make it easier to older workers to stay on. Instead of booting you out the door at age 50 they are encouraging you to keep working.
Generally speaking in Germany the biggest shortage of workers will come in the trades as people retire off new ones aren't being trained, not due to the fact that companies won't take on apprentice's but the fact that there are fewer young people around.
I read about a utilities in America that did an informal survey of employees and discovered that within 5 years they'd lose half their mechanics to retirement with no plans to train new ones!
I still can't see things changing here, Daimler Chrysler is laying off 6000 white collar workers, they won't hand out pink slips but will instead retire off the older ones.
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I know someone who works in an Arbeitsamt, and she reckons that about 50% of the people she sees, really aren't employable. A lot have poor reading, writing and maths skills and so a huge array of skilled jobs are out of the window.
The problem is that those that can leave for greener pastures leaving behind the under and unemployable!