Konjunktur: Ifo: Unternehmen wollen etwas weniger Stellen abbauen
Die Zuversicht für die deutsche Wirtschaft wächst. Das schlägt sich auch in den Plänen der Unternehmen nieder. Nicht in allen Branchen sieht es aber gut aus.
German companies plan to reduce employment by a small margin, according to the latest assessment from the Ifo Institute. The Ifo Employment Barometer rose slightly to 95.5 points in October, up from 95.1 points in September. Ifo survey leader Klaus Wohlrabe noted that firms are being more cautious in downsizing staff. However, the recovery still lacks strength for a broad employment boost.
The industrial sector experienced a slight deterioration compared to September, with companies planning to cut fewer positions. Notably, auto manufacturers and those producing data processing and electronic/optical products are expected to increase hiring. In contrast, service providers plan to expand employment more given improved economic prospects.
Temporary work firms also show increased confidence due to better economic outlooks. Meanwhile, retail businesses continue to plan for reduced staffing. The construction sector also indicates a slight reduction in employment. Overall, the mood among German business leaders has recently improved for the sixth consecutive month. The government anticipates 1.3% growth for Germany's economy this year, while the Ifo predicts a 1.4% increase.
This could mark the end of a prolonged downturn: In 2025, the Gross Domestic Product grew by only 0.2%, while it shrank in the two preceding years.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
