In 2023, employment in the manufacturing sector increased slightly by an annual average of 62,000. At the end of December, a total of almost 5.6 million people worked in industrial companies with more than 50 employees.
The prospects for this sector of the economy for the current year are poor, says Sebastian Dullien of the Institute for Macroeconomics and Economic Research (IMK) The IMK economist does not expect any noticeable increase in industrial employment for theCurrent year; there is even a risk of job cuts.