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Analysis of the Labor Market in Germany and Türkiye: Investing in Human Capital for the Digital Age

Analysis of the Labor Market in Germany and Türkiye: Investing in Human Capital for the Digital Age
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Author(s): Kaan Çelikok (Bandırma Onyedi Eylül University, Turkey)and Cem Saatcioğlu (İstanbul University, Turkey)
Copyright: 2024
Pages: 22
Source title: Reskilling the Workforce for Technological Advancement
Source Author(s)/Editor(s): Oytun Meçik (Eskişehir Osmangazi University, Turkey)
DOI: 10.4018/979-8-3693-0612-3.ch012

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Abstract

The study undertakes a comprehensive analysis of the labor market in Germany and Türkiye, recognizing their unique trajectories in the digital age. While Germany, celebrated for its robust vocational training and technical education, serves as a model, Türkiye, strategically positioned at the crossroads of continents, aspires to cultivate a tech-savvy workforce. The shared commitment to investing in human capital forms the core theme, acknowledging the pivotal role of a skilled workforce in fostering economic prosperity and innovation. Beyond evaluating the effectiveness of policies in both nations, the study addresses associated potentials and challenges in preparing the workforce for the digital age. It aims to uncover valuable insights, best practices, and lessons by comparing the policies of the two countries. The overarching objective is to contribute to the understanding of human capital development, offering guidance on policies necessary for digital-era workforce investment.

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