The vast majority of major German companies reported not having hired any of the million plus migrants who arrived in the country last year.
By Virginia Hale | 7 July 2016
BREITBART — The German government, International Monetary Fund (IMF), and Deutsche Bank predicted the migrants would be an economic boon for the country. Much of the international media echoed these claims, saying many doctors and architects were among last year’s influx of immigration to Germany.
In a survey by the Frankfurter Allgemeiner Zeitung, however, most of the top 30 companies on the German stock exchange (DAX) said they were unable to employ any of the new arrivals. The companies said migrants lacked the necessary qualifications needed to fill any of their roles.
Fifty of these are employed by the German post office, and the vast majority of top German companies hired none at all. Software giant SAP reported having two migrants working for them, and pharmaceutical manufacturer Merck also said they had hired two.
The Kiel-based Institute for World Economics estimated that only two per cent of recent migrants to Germany are employable. Professor Ludger Wössmann, director of the Centre for the Economics of Education in Munich, said his research showed at least two thirds of migrants can’t read or write. […]