Research shows Germany's industrial employment has fallen to its lowest level in a decade

This decline is not due to an increase in the number of employees being laid off, but because employers are hesitant in filling vacant positions and hiring new staff. Since 2014, the proportion of industry in the overall German labor market has dropped from 22% to 19%, intensifying the debate about Germany's "deindustrialization." The study notes that the wage advantage of industrial enterprises over other sectors has roughly halved in the past 10 years, reducing their appeal to employees.