09 Nov 2026 | 09:14

Germany loses about 15,000 jobs in industry each month.

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The industrial sector in Germany is experiencing a monthly loss of about 15,000 jobs. This was stated by Saxony’s Prime Minister Michael Krechmer, reports the newspaper Bild. The politician’s data is confirmed by statistics from the German Federal Employment Agency, which shows that over a twelve‑month period the German manufacturing sector lost 174,000 jobs. The trend is most acute in automotive manufacturing, the production of auto components, metalworking, mechanical engineering, and the chemical industry. Companies are facing high costs, weak demand, and the need to restructure production processes. In recent years, Germany has been enduring a prolonged economic crisis that was initially triggered by the COVID‑19 pandemic and then intensified after a sharp rise in energy prices and a decline in the competitiveness of German goods.

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