German Industrial Sector Loses 270,000 Jobs Since 2018
Share:
Germany's metal processing and electrical engineering industries have eliminated 270,000 jobs since 2018, according to data from the Gesamtmetall industry association. The substantial job losses in these key manufacturing sectors highlight ongoing challenges facing German industry, which has traditionally been a cornerstone of Europe's largest economy. The decline spans multiple years and affects two critical industrial segments that employ hundreds of thousands of workers across Germany.