Labor demand cools, but worker shortages remain high
The Employment Agency's 2026 labor demand survey outlines a gradual cooling of the labor market. The sharpest contraction in demand is in construction and among specialists with vocational qualifications, while worker shortages in healthcare and education persist. Behind the overall decline, however, lie divergent trends by region and enterprise size. The obstacles to hiring are also shifting – employers are increasingly citing a lack of applicants rather than a skill mismatch. For now, the cooling is most evident in hiring intentions, but if sustained, it could slow down employment and wage growth.