Economic Slump Hits German Jobs

High inflation and escalating interest rates are hampering Germany’s economy, leading to job market impacts, according to a recent IAB study. According to the report, job opportunities are as scarce as during the pandemic. For 2023, the study predicts a rise in unemployment by 190,000. Another 60,000 will be jobless in 2024. Long-term unemployment is […]

Leave a Reply

Your email address will not be published. Required fields are marked *