To ensure that the railroads remain a driver of employment despite the slump in demand during the Corona crisis, the federal government should now use every opportunity to support the railroads.
To ensure that the railroads remain a driver of employment despite the slump in demand during the Corona crisis, the federal government should now use every opportunity to support the railroads.
( Source: gemeinfrei / Pixabay)

Economic Situation Labor Market in the Rail Sector Defies the Crisis

Editor: Nicole Kareta

Employment in the railroad industry is more stable than in other economic sectors. This is shown by an industry survey conducted by the career portal SchienenJobs.de, which is jointly operated by the Allianz pro Schiene and index Internet und Mediaforschung.

The chances are good that the long-term increase in employment in the rail sector will continue in the future. According to current calculations by Allianz pro Schiene (Pro-Rail Alliance), the number of jobs in the industry rose by 4 % to almost 269,000 last year. Since 2016 the increase has been 12 %.

"In this massive economic slump, the job market in the rail sector is proving to be much more stable than in other sectors of the economy," said Dirk Flege, Managing Director of Allianz pro Schiene, on Thursday in Berlin. "Corona is also hitting the rail sector very hard. But the long-term growth trend is intact," said Flege. "In their personnel planning, the companies are also preparing themselves for the fact that the demand for climate-friendly mobility remains high and will continue to grow.

To ensure that the railroads remain a driver of employment despite the slump in demand during the corona crisis, the federal government should now use every opportunity to support the railroads. The EU has cleared the way for further reductions in track prices, also with retroactive effect. Reductions in the tax and duty burden would also be feasible and effective in the short term.

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