Ifo institute study on Monday: since 2019 Germany’s industrial sector has cut about 496,000 jobs. By end-2025 industrial employment is down 496,000 from early‑2019, a 7.1% decline. The services sector added more than 2.2 million jobs. Nearly all indu

2026-10-19

Ifo institute study on Monday: since 2019 Germany’s industrial sector has cut about 496,000 jobs. By end-2025 industrial employment is down 496,000 from early‑2019, a 7.1% decline. The services sector added more than 2.2 million jobs. Nearly all industrial subsectors saw job losses; automotive and its supply The chain cut about 123,500 jobs, a 13% drop.