AI-generated summary
The German labor market is showing signs of slight stabilization after a period of job cuts, according to the ifo survey.
The economic recovery in Germany is only slowly reaching the labor market. It has stabilized slightly. According to a survey by the ifo Institute, companies in Germany want to cut fewer jobs than before. The ifo employment barometer rose slightly to 95.1 points in September from 94.8 points in August. The institute announced this in its survey of thousands of companies from industry, services, trade and construction. "The labor market is stabilizing, but a real recovery is not yet in sight," said the head of the ifo surveys, Klaus Wohlrabe.
Jobs would continue to be cut in industry and trade. The majority of industrial companies continued to plan with fewer staff. New hires are only planned in the food industry and among manufacturers of data processing equipment, electronic and optical products.
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AI outlook — possibilities, not facts
The labor market will continue to stabilize slightly if the ifo survey shows further growth.
Possible · Within weeks
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