German metal/electrical industries face 300k more job losses, lowest since reunification

Gesamtmetall, the German metal and electrical employers' association, warns that employment in the sector could fall by another 300,000, reaching its lowest level since reunification, due to high costs and weak capacity utilization. This signals deepening structural weakness in Germany's industrial core, with implications for the broader eurozone economy. The warning is based on industry data and reflects ongoing deindustrialization pressures, though the exact timing and magnitude remain uncertain.

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