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Munich (dpa) - The recovery of the industry gives hope for the German job market.
The employment barometer collected by the employment barometer reached 98.3 points in April, the highest value since the beginning of 2020, as the economic researchers announced.
Your colleagues from the Nuremberg IAB even measured the highest level since May 2019 in their published labor market barometer.
The labor market is slowly catching up on some of the job losses from the corona crisis, according to the Ifo.
“The boom in the industry is also increasingly reflected in the hiring behavior of companies.
Mechanical engineering companies in particular want to employ more people. "
For the first time in more than two years, more companies want to create employment in the manufacturing sector than reduce them.
The plans are also slightly positive in the service sector.
In trade and construction, on the other hand, companies are keeping their balance with construction and dismantling plans.
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"A recovery course is emerging for the labor market, but the development is still far from what would have been achieved without the pandemic," said Enzo Weber from the IAB.
"With the faster vaccination rate, the hope of relaxation in the corona crisis increases."
Nevertheless, risks from the third wave remained for the near future.
© dpa-infocom, dpa: 210428-99-382359 / 2