Germany’s ongoing economic stagnation is increasingly impacting its domestic labor market, leading to rising unemployment rates and a reduction in available job vacancies. As key industrial sectors, particularly automotive and manufacturing, face high energy costs and reduced global demand, major employers are implementing hiring freezes and layoffs. Despite these cuts, the country simultaneously struggles with structural shortages of skilled workers, creating a complex dual challenge for the European Union’s largest economy as it seeks a path toward sustained recovery.
- Germany’s economic weakness is directly affecting its domestic job market, leading to a gradual increase in unemployment rates.
- Major industrial and automotive employers are implementing cost-cutting measures, including job reductions and hiring freezes.
- The number of vacant positions has declined as business confidence falls due to high energy costs and weak global demand.
- The country faces a dual challenge of rising job losses alongside a persistent, structural shortage of skilled labor in key sectors.
DW News is a global news TV program broadcast by German public state-owned international broadcaster Deutsche Welle (DW).
AllSides Media Bias Rating: Center
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Original video here.
This summary has been generated by AI.
독일놈들이 웃긴 게 한동안 한국한테 이래라 저래라 훈수 두면서 이러면 안 되고 저러면 안 된다 했지. 이제 니들이 그대로 당하고 있구먼 쯧쯧.
clown trying to blow up nuclear powerplant is not news for you dw?
Oh no. Wonder why the German economy has “economic woes”. Could it be gross incompetence? No way!
No way over regulation and gross incompetence is causing economic woes. Has to be due to “Trump” and “Putin”.
Chyna has taken the manufacturing sector from the West. They can produce far cheaper because of technology transfer, cheap labor and government subsidies.
German economy is very strong and people are rich that’s why they no need Russian gas and oil or from Middle East.
If they don't have gas & petrol, then use SMR nuclear power (470 MWh) is built in factory in mass scale in 5 years and cost in $3.5 billions each that can power 500,000 or 1 million houses with at least cheaper ($0.18) than gas & petrol.
Germany knowingly allowed the terroristic sabotage of the Nord Stream Pipeline. A self inflicted wound.
Its easy to talk in the abstract when assessing a country's economic health. Its all in the details. Volkswagon made a deal with the auto unions last year, that the workers can keep their jobs until june of this year. Plant closings will still occur. Thats 14,000 workers. Audi and BMW had a similar deal, just put off until 2027. Energy costs went up slightly after the pipeline shutdown. Vattenfall increased its rate 2%. The green initiative is forcing wind and solar power into the bundestag's agenda. This will raise taxes by 5%. Retirees had their benefit cut by 2%, after receiving a 5% increase last year. Friederich Merz ordered his finance minister to allocate yet another 35 billion euros to Ukraine this year. Building projects and infrastructure maintanence suffered or slowed because of this. The EU agenda began creeping slowly into the financial decisions Germany would have made independantly. This is what Germany is looking like today.
If the AFD takes control the economy will worsen.
But DAX index is still climbing up.
It's all government spending propping it up. An honest accounting would be more like negative 4%
Jobs in healthcare just light money on fire – they don't produce anything or provide wealth. So a growth in those jobs is just another form of decline.
Now everyone knows why Merz is gunning for war!
When the costs of production skyrocket due to the high cost of energy and labor is where deindustrialization begins.
We’re are things going , down hill even more than they are now , people in work are working just to cover costs if they are lucky, I have never lived in such a delusional co in my life .
All that without a word about AI taking away jobs across the board and feeding that money to the US and China.
Teetering and Tottering…. 🎭
In the followup episode, please explain to us the effects of the microplastics and PFAS in everyone's bodies, I mean everyone; not just Germans.
We voted for Trump to prevent this from happening to America too.
If you can't save the economy atleast save the identity
This video is 3 years late
How is it that with all the scientific advancement, EU after decades of struggling, can not figure out a independent energy source and the one they had which was relatively independent they decided to shut it off ?
It's 2026 and one of the most advanced economies can't figure out the basic of energy ? wtf
with an absolutly booming arms-industry and a jobs projection of nigh 140k up to 2030 in that sector alone (around 200 to 300K in jobs surrounding said sector additionaly)
and having kicked Japan of rank 3 in global economies
i don't think this narrativ quite works
well for dumb people it does…or people getting their information on tiktok, instagram and whatever the AfD uses as "news"
I will be helping German economy in this tought time. I am leaving Germany in next 2 months! and I work full time here. So I will leave my job for another person in Germany! I guess many like me are leaving so it is a great news for German economy 😇
It’s the price you pay for an alliance with the US though you don’t have much say in it anyway
The music is a little overpowering
Germany needs to pivot. Use more renewable energy (turn on the damn nuclear plants).. and use sustainable raw materials. Innovate to create sustainable and efficient products that use less petroleum products. Not only will the manufacturing survive. The demands from Europe will boost it. Learn from China and finds gaps in the market.
The solution is not very complicated, Germany needs to the following steps:
1- Ignoring the illegal sections against Iran
2- Buy oil and gas from Iran
3- Sell cars and machinery to Iran
Then the German economy will be on top again
Surprised? Our politicians are unskilled business administrators, and progress is viewed as a risk more than anything by our key industries. Of course we are going down. AI, renewable energies, electric mobility – we missed it ALL (mostly thanks to the CDU). We should be leading those sectors, and we would, had we voted for merit and progress instead of Angst at any point in the past 30 years.
With so much suffering in the world, it’s hard to justify bringing new children into it. Opportunities are shrinking, jobs are disappearing every day, and even those of us already here are struggling just to feed ourselves. We should focus on fixing these problems and helping the people who are already here before adding more life to an already struggling world.
Fragile, fragility? 😂 It's a collapse!
Germany spoiled its manufacturing by going to China for cheaper labour & input costs.
China looted the tech & bought out German family businesses.
Now, it is a gone case for German manufacturing & heavy engineering.
War is coming soon.
When Global crisis increases then possibility of war increases