German Companies Fear Labor Constraint on Growth, Die Welt Says

German companies fear that a shortage of skilled workers will damp future growth, Die Welt reported, citing a survey by the DIHK Chamber of Industry and Commerce.

One out of three companies sees lack of skilled labor as the biggest risk to economic growth in the next 12 months, compared with 16 percent that saw it as a risk two years ago, the newspaper said.

To contact the reporter on this story: Julie Cruz in Frankfurt at jcruz6@bloomberg.net

To contact the editor responsible for this story: Celeste Perri in Amsterdam at cperri@bloomberg.net

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