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Germany industrial employment falls by 496,000 since 2019
A study by the Ifo Institute reveals that Germany's industrial sector has seen a significant contraction, losing approximately 496,000 social security-liable jobs between 2019 and 2025. This represents a 7.1 percent decline in industrial employment.
The losses are concentrated in three core sectors: the automotive industry and its suppliers lost 123,500 jobs, metal product manufacturers lost 115,600, and mechanical engineering firms lost 64,500. These three areas account for roughly 60 percent of the total industrial job losses. Experts attribute this decline to decreased competitiveness and increased competition from China.
In contrast, the service sector experienced robust growth, creating more than 2.2 million new jobs during the same period. This expansion was primarily driven by demographic shifts and an aging population, leading to significant job gains in healthcare (391,000), social services (357,000), and public administration (329,000).
Entities
China · Federal Employment Agency · Germany · Ifo Dresden · Ifo Institute · Joachim Ragnitz · Volkswagen
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 16 SOURCES] Healthcare employment grew by 391,000 positions. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +11 more
- [● 17 SOURCES] Industrial employment decreased by 7.1 percent since 2019. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 17 SOURCES] The automotive industry and its suppliers lost 123,500 jobs. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 17 SOURCES] Mechanical engineering firms lost 64,500 jobs. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 17 SOURCES] Germany's industrial sector lost 496,000 social security-liable jobs between 2019 and 2025. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 17 SOURCES] The service sector created more than 2.2 million new jobs since 2019. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 17 SOURCES] Metal product manufacturers lost 115,600 jobs. www.kibrismanset.com · sondakikakibris.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · +12 more
- [● 13 SOURCES] The decline in industrial employment is linked to decreased competitiveness and competition from China. www.kibrismanset.com · www.ludwigsburg24.com · www.reporter.gr · www.bloomberght.com · www.eu-schwerbehinderung.eu · +8 more