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Workforce in German Manufacturing Sector down 1.8 pct in April

https://en.steelhome.com [SteelHome] 2020-06-16 11:25:03

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The number of employees in Germany's important manufacturing sector declined by 1.8 percent in April year-on-year, the Federal Statistical Office (Destatis) announced on Monday.

By the end of April, 5.6 million people worked in Germany's manufacturing companies with 50 or more employees, about 105,000 less than a year ago, according to the provisional results by Destatis.

German manufacturers of rubber and plastic products, in particular, recorded a strong decline of 4.2 percent in employees year-on-year.

Manufacturers of chemicals and chemical products, however, recorded a 1.5 percent growth in their workforce year-on-year.

According to Destatis, the total number of hours worked in April decreased by 16.9 percent year-on-year while total wages of the manufacturing sector amounted to 23.3 billion euros (26.2 billion U.S. dollars), 12.3 percent less than in April 2019.

"The effects of the COVID-19 crisis were evident in terms of hours worked in almost all sectors of the economy. The increase in short-time working was clearly noticeable here," Destatis noted.

Source: Xinhua
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