With a population of more than 45 million people Germany has the largest employment market in Europe. More than 80 percent of the working population have completed a professional training or university studies.
Germany has more than 420 universities and universities of applied sciences, with around 500,000 graduates annually.
Through a combination of on- and off-the-job training in Germany’s so-called dual education system, hiring and training costs are reduced (especially for skilled craftsmen and technicians) and recruitment risks minimized. Vocational colleges closely cooperate with almost 430,000 companies in Germany, ensuring that education always meets specific industry needs.