Germany: Caregiving to cost 229k full-time jobs by 2045

A German study projects that by 2045, caregiving for relatives will remove roughly 229,000 full-time equivalent workers from the labor market, worsening the existing labor shortage. The projection is based on demographic trends and current care patterns, but actual impact depends on policy responses and care infrastructure. This adds to structural labor supply constraints in Germany, with implications for growth and inflation.