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Income Disparities Among Foreign Residents in Germany Revealed

share-iconMonday, January 06 comment-icon2 weeks ago 4 views
News sources:
thelocalTHELOCAL
Income Disparities Among Foreign Residents in Germany Revealed

Credited from: THELOCAL

  • Germany's economy increasingly relies on immigration, especially skilled workers, to boost its workforce and support essential services.
  • The German Economic Institute (IW) reports significant income differences among foreign nationals, with Indians earning the highest median wage at €5,359 monthly.
  • Incomes vary for different nationalities, with US citizens, Austrians, and the Irish following the top earners, while Bulgarian, Romanian, and Syrian workers earn the least.
  • High-paying jobs in STEM fields account for a large portion of income for many higher-earning foreign workers.
  • Overall, the median wage for foreign citizens in Germany stands at €3,034, compared to €3,945 for Germans.

For more detailed insights, visit the original article: The Local.

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