Economic expert Veronika Grimm anticipates a slight increase in unemployment in Germany by 2025, particularly affecting the manufacturing sector. Established industries, once global leaders, now face mounting pressure, resulting in job cuts. Despite a concurrent demand for skilled labor, unemployment is expected to rise only marginally.
Grimm warns that many workers may face reduced wages due to job transitions. She calls for a comprehensive economic program to stimulate investment, emphasizing the need for government support in creating new business opportunities where factory closures occur. Additionally, Grimm advocates for state-coordinated retraining programs to facilitate workforce adaptation during industry shifts.
The urgency for transformation within the economy is underscored, with Grimm criticizing the current government for its role in hindering necessary changes. The close ties between businesses and politics have led to resistance against transformative efforts, contributing to Germany's economic challenges.
Recent data from the Federal Employment Agency indicates a seasonal adjustment in unemployment figures, with a slight increase observed. Compared to November of the previous year, the number of unemployed individuals rose significantly. Grimm's insights highlight the importance of proactively addressing these issues through strategic policy measures and investment incentives to support Germany's evolving economic landscape.
