Tuesday - October 20, 2026
Ifo Institute: German Industry Has Lost Nearly Half a Million Jobs Since 2019
October 20, 2026
MUNICH, Germany, Oct. 20 -- ifo Institute issued the following news release:

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19 October 2026

German Industry Has Lost Nearly Half a Million Jobs Since 2019

Since 2019, German industry has lost nearly half a million jobs subject to social insurance contributions, according to a new study by ifo Dresden. At the end of 2025, there were 496,000 fewer people working there than at the start of 2019, a drop of 7.1 percent. In the service sector, . . .

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