Posted on 09/04/2025 4:57:20 AM PDT by MtnClimber
The crisis of the German economy is accelerating. The latest figures from the Federal Statistical Office show a sharp increase in job losses across the industrial sector.
On Tuesday morning, consultancy firm EY released alarming numbers based on official data: Germany’s industrial sector has been shedding jobs at a dramatic pace across nearly all segments.
Over the past twelve months alone, the industry lost a cumulative 114,000 jobs -- a 2.1% decline in total employment. Since 2019, the year before the COVID lockdowns, a staggering 245,000 jobs have disappeared in German industry, representing a 4.3% contraction.
What was once considered a safe haven of “crisis-proof” engineering jobs is now collapsing. Core sectors such as mechanical engineering have seen production volumes shrink by up to 15% compared to 2019.
Automakers at the Epicenter
The automobile sector is at the center of the storm. In the past year alone, 51,500 jobs were cut, a reduction of around 7% in the workforces at Mercedes, VW, Bosch, Continental, and others. These companies are not only suffering from Germany’s energy crisis, but also from the disastrous mismanagement of the transition to electric mobility. Fierce competition from China and Tesla’s technological lead have further undermined the industry, while German automakers still face a punishing 27.5% tariff in the U.S. market.
More than just storm clouds are gathering over the sector: collapsing margins and another 1.6% decline in revenues this year will weigh heavily on employment. Since 2020, German automakers have lost around 13% of their sales volume. The numbers point to an economic depression and reflect structural problems long debated -- high energy costs, suffocating bureaucracy under the EU’s Green Deal, and weak domestic demand.
Bleak Outlook in Other Sectors
The outlook is equally grim in other industrial branches. Mechanical engineering shed 17,000 jobs last year, the metal
(Excerpt) Read more at americanthinker.com ...
Germany was having trouble, what a sad sad story.....
East vs. West European war is inevitable.
They killed the golden goose.
Amen, you said it!
"Germany has implemented a federal admission program to resettle Afghan citizens who are at particular risk under Taliban rule, with a target of taking in 1,000 individuals per month along with their family members."
‘Mohammed’ and ‘Ahmad’ Most Popular Names of Welfare Recipients in Germany
https://borderhawk.news/mohammed-and-ahmad-most-popular-names-of-welfare-recipients-in-germany/
Exactly right.
doom loop caused by mandating electric everything while at the same time blowing up existing power plants and attempting to replace with puny amounts of expensive and unreliable wind and solar power ... an abject lesson for anyone who cares to pay attention to such things ...
“Is Greta Thunberg back from liberating Gaza?”
i think her “flotilla” returned to shore a few minutes after leaving because they encountered a storm at sea, probably caused by “climate change” because no one ever heard of storms occurring at sea before ...
“East Europe is where the action is.”
indeed ... entire nearly fully-automated automobile factories have been built in those countries ...
They are not importing people so they will survive.
Umpossible. When Merkel opened the flood gates she assured Europe needed the turds to work in Germany so Germans could enjoy their social welfare and generous retirements. Immigrants would turbocharge the economy. The immigrants would bring diversity, peace, and love.
We’re we lied to?
Gee, I wonder why the AfD is doing so well in the polling.
Those raw numbers don’t tell the story. In 1800 Germany had a high percentage of younger people and low percentage of seniors. Today the numbers are reversed.
50% of the population is beyond child bearing years. The raw stats don’t say who exactly this is but I would bet it’s the native Germans. Muslims are a younger demographic.
“In 2024, 40-59-year-olds made up the largest age group in Germany, at around 22.3 million people. The most recent figures confirm that the next-largest age group was 65 years and older, at roughly 19 million. “ https://www.statista.com/statistics/454349/population-by-age-group-germany/
“You raise an interesting point. Here in the United States the steel industry collapsed while the United Steelworkers (USW) did next to nothing.”
No doubt the union leaders CELEBRATED their take-downs of “the man”, and likewise the shortsightedness of the workers who voted for them.
My friend’s daughter and a few of her friends are visiting from Munich. Friend drove me over to his nice little house on a lake to meet them last week. Attractive, healthy, intelligent people and few little kids were included, a 1 year-old and really darling three year old who spoke German and English.
Prosperous people, somehow making money. Friend is a Republican and his family seems to share his views, not that we talked politics.
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