icon image. Photo: About dts news agency
Munich. The willingness of companies in Germany to hire has again increased somewhat. The so-called “employment barometer” of the Munich Ifo Institute rose to 100.2 points in April, after 99.9 points in March, as announced on Wednesday.
“The increase in employment is continuing, although growth is slowing down, also because of the shrinking population,” said Klaus Wohlrabe, head of the Ifo surveys. The drivers in Germany are the service providers. In industry, the positive and negative responses to employment plans are balanced. While mechanical engineering or the electrical industry are looking for new employees, the paper industry and printers are planning to downsize.
“Among the service providers, tourism and the events industry in particular stand out,” says Wohlrabe. There is still a “great pent-up demand” among consumers. According to the institute, there is a slight tendency in retail to get by with fewer staff. The difficult situation in the construction industry is also reflected in the employment plans.
Companies are very reluctant to hire new people.
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2023-04-26 06:25:12
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