It's All About People
... was the answer given by the head of chip giant AMD when he explained in 1996 why his company was investing in Saxony (today: GLOBALFOUNDRIES Fab 1). Then as now, it is the people who are Saxony's greatest strength. Excellently trained and highly motivated.
Facts on the Training of Skilled Workers in Saxony (Source: INSM Education Monitor 2022)
Rank 1among the education systems of the German federal states
25.1 %proportion of engineers among all graduates - top value in Germany
8.7engineering graduates per 100 employed engineers (engineering replacement rate) - German peak value
42.6 %of all first-year students in STEM subjects - top figure in Germany
Saxony's Workforce Are Bright Minds
Saxony has the brightest minds. The level of education of the employable Saxon population (aged between 25 and 64) is higher than in Germany and in most EU and OECD countries. 94 percent of Saxons have at least a university entrance qualification or have completed vocational training. - The OECD average, for example, is "only" 80 percent.