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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 ...
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Green energy fantasies and third world immigration into a welfare state will do that.
Socialism’s finest.
Without stolen US taxpayer money, Europe is screwed.
Works for me.
Don’t care.
Who could have known that importing millions of parasites & savages while destroying the energy industry with green fantasies would be bad for the economy?
Their only hope is to import more Muslims and add them to the welfare rolls. /s
It’s too bad the U.S. blew up their pipeline.
Is Greta Thunberg back from liberating Gaza?
If so, perhaps she could lecture the German government on how to solve its economic problems.
I would personally suggest more magical unicorns. But Greta knows much more than I do.
🦄
You should care.
Western Europe’s governments are a threat to our republic.
Who cares? It appears that the parasitic Euros are having to face their back-up source drying up...US Taxpayers subsidizing their screwed-up plans. LOL!
Their decades-long arrogance and their tendency toward socialism do them well, I guess.
More popcorn!
It is dangerous to run for office as an AfD member.
Right, the cost of the catastrophic Energiewende has led to the de-industrialization of Germany, once the linchpin of Euro economic health. But then this has been a stated goal of green extremists for years, and the greens are politically powerful in Germany. Germany is getting what they wanted, and getting it good and hard,
East Europe is where the action is.
Another FReeper mentioned that all the deceased politicians had serious health issues. So any calculation would have to take that into account.
So maybe those serious health issues all just happened to worsen at the same time.
Or maybe those politicians were specifically targeted because it would send a message, while at the same time having plausible deniability.
Take yer pick.
The greatest impact, is closing off our markets (with tariffs) to the freeloading EuroTrash who forever wanted to continuously dump all their junk on our consumers while preventing their own consumers from purchasing ANYTHING from us.
That door is now closed, at least for the next 4 years.
I’d argue that the Germans invented the Deep State with the Illuminati.
Others can make a different argument.
Eastern Europe is no threat to us.
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