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German industry loses half a million jobs in six years

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 19/10/2026, 14:26:24 UTC.

Briefings

A German industrial sector lost nearly 500,000 jobs between 2019 and 2025, while service sectors gained over 2.2 million. The Ifo Institute study, published on October 19, 2026, attributes industrial decline to aging populations and reduced competitiveness against China, with Volkswagen considering wage freezes until 2030. Key industrial sectors like automotive and mechanical engineering saw significant job cuts, while public administration and IT services experienced growth.

Key points

• The German industrial sector lost nearly 500,000 jobs between 2019 and 2025, representing a 13% decline in metal products manufacturing.
• Automotive and mechanical engineering sectors alone eliminated 188,100 jobs, accounting for 60% of total industrial cuts.

Context

The Ifo Institute study, published on October 19, 2026, analyzes employment trends from 2019 to 2025. It highlights structural shifts where traditional German industries face decline while service sectors, particularly IT and healthcare, expand. The data reflects ongoing economic restructuring in Germany.

Limitations

The study covers only the period from 2019 to 2025 and is based on Ifo Institute data. Some specific job counts for certain sectors are estimates, and the study does not provide long-term forecasts beyond 2025.

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