German Industry Has Lost Nearly Half a Million Jobs Since 2019, Ifo Says
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46 Articles
German industrial companies employed around 496,000 fewer people at the end of 2025 than at the beginning of 2019, a decrease of 7.1 percent, according to results published on Monday by the Ifo economic research institute.
The German industry has lost about half a million jobs since 2019, as evidenced by data from the IFO Research Institute.
Industrial employment fell 7.1% between end-2018 and end-2025, while services added more than 2.2 million jobs, says Ifo Institute
German industry has lost about half a million jobs since 2019, according to IFO data
German industry has lost about half a million jobs since 2019, according to IFO data.Moreover, about 60% of all industry reductions occurred in automobile companies, metalworking enterprises and machine-building plants.Subscribe to RIA Novosti: economics
The German industry lost 496 thousand jobs from the beginning of 2019 to the end of 2025, according to the Ivo Institute, with fewer employment in cars, minerals and machinery, in exchange for the introduction of more than 2.2 million new jobs.
According to an ifo study, the German economy is experiencing a "enhanced structural change". Many jobs are lost in industry. Economic researchers are particularly alarmed by a finding.
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