The employers’ association Gesamtmetall fears that tens of thousands of workers will be lost Jobs in the metal and electrical industry in the coming year. “The taxes, energy costs and labor costs are so high in Germany that production here is simply no longer worthwhile for many companies,” said Gesamtmetall Managing Director Oliver Zander Picture-Newspaper.

“We are currently losing almost 10,000 jobs per month,” said Zander. Employment in the industry has been falling for 21 months and no change is expected in the short term. At the end of October, 3.816 million people were employed in the German metal and electrical industry, according to industry figures.

The Gesamtmetall boss demanded more action from the federal government against bureaucracy on the part of the European Union. This year there will be a new record for binding legal acts and legal amendments by the EU Commission, he said. This is strangling companies.