German industry has shed more than 341,000 jobs in seven years
German manufacturing has lost more than 341,000 jobs over the past seven years, according to data compiled by Anadolu Agency. High energy costs, weak demand and international competition point to a structural contraction in Europe's largest economy.
Official data reported by Anadolu Agency shows German manufacturing has lost more than 341,000 jobs over the past seven years. The trend underscores the deep structural challenges facing Europe's largest economy.
The job losses are driven by high energy costs, weak domestic and external demand, and rising competition from China and the United States. Traditionally strong sectors such as automotive, chemicals and machinery are under pressure. Industry representatives are calling for investment and cost measures to protect competitiveness.
Developments in Germany matter for the wider European manufacturing chain and labour market. This article is for information; the data and assessments are attributed to the relevant institutions.
More from Europe
Europe sees record-high temperatures this month
Temperatures across Europe have been running at record-high levels this month, Anadolu Ajansı reports. The unusual heat is affecting daily life and energy demand in many parts of the continent. Meteorologists note that climate change is increasing the frequency of such extreme spells.
Turkish Defence Ministry announces mobilisation drill to test plans and procedures
Turkey's Defence Ministry said it will run a nationwide mobilisation drill to test plans and procedures. The exercise aims to strengthen interagency coordination and assess operational readiness, the ministry said.
Rains fill Turkey's reservoirs, driving record hydroelectric output
Heavy rainfall in Turkey has lifted reservoir levels and pushed hydroelectric generation to record highs, TRT Haber reports. The increased water inflow has strengthened the share of renewables in the country's electricity mix. Officials view it as positive for reducing reliance on imported fuel.