Arbeitsmarkt: Deutschlands Arbeitsmarkt schrumpft – nur in drei Bundesländern wächst die Zahl der Beschäftigten noch

The German labor market is projected to continue shrinking in many parts of the country next year, according to a forecast from the Nuremberg Institute for Labor and Vocational Research. However, only three federal states - Berlin (+0.7%), Brandenburg, and Niedersachsen (+0.1%) - are expected to see slight employment growth. The majority of regions are expected to experience declines in employment, primarily due to demographic effects, such as ageing birth cohorts retiring and fewer immigrants arriving in Germany.

The strongest job losses are predicted for the Saarland (-1.3%), Thuringia (-0.7%), and Bremen and Saxony-Anhalt (-0.6% each). At the same time, unemployment is also expected to decline in many areas, most notably in Mecklenburg-Vorpommern (-3.9%) and Thuringia (-1.8%), according to the forecast. For labor market analysts, this is not a cause for celebration, as they note that despite improved economic prospects, there is still no general trend reversal on regional labor markets.