Studio Guest of the Week: Hilmar Schneider.

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Hilmar Schneider is director of the Institute for the Study of Labor.DW-TV: Let's pull in Hilmar Schneider from the Institute for the Study of Labor. Let's talk about this labor market. Mr. Schneider, thanks for joining us today. It is hard to believe that in Germany we have such a shortage right now of highly-skilled workers. How did that happen?

Hilmar Schneider: Actually this is not a new phenomenon. We had it already before the crisis, we had it during the crisis and now it's becoming more and more prominent. It has something to do with demographic change,and also with our education system, which is not able to provide as many young, qualified workers as the economy is needing.

DW-TV: Is it really the education system or is it the fact that there aren't enough young people saying: I want to be an engineer. I want to be a researcher or a scientist?

Hilmar Schneider: At least the education system isn't attactive enough to attract young people to go for engineering...

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Producer : Deutsche Welle