German unemployment rises slightly less than expected in August – The number of unemployed people in Germany rose slightly less than expected in August, labour office figures showed on Friday.
In seasonally adjusted terms, the jobless figure grew by 4,000 to 2.996 million, while analysts polled by Reuters had predicted an increase of 5,000.
Germany’s auto industry loses over 42,000 jobs in six months – Germany’s struggling automotive industry is facing further pressure as employment in the sector continues to decline.
According to Germany’s Federal Statistical Office (Destatis), the number of people employed at automotive manufacturing companies fell by 42,300, or 5.8%, in the first six months of the year compared with the same period in 2025.
Following the decline, employment in Germany’s automotive industry dropped to 691,500. This is the lowest level recorded since 2005.
Germany news: Unemployment tops 3 million as industry slumps – Over three million people are currently unemployed in Germany, with 1.1 million drawing unemployment checks, authorities say.
Germany’s employment agency recorded a jump of 71,000 in monthly unemployment numbers, pushing the total to over 3 million.
Germany news: Industry hemorrhaging 15,000 jobs a month – Industry boss Tanja Gönner says the situation is critical but offers opportunity.
The head of the Federation of German Industries (BDI) says the country has become less competitive and called on politicians and business leaders to usher in a course correction.
German battery maker Varta files insolvency applications – German battery manufacturer Varta has filed four insolvency applications, a spokesperson for the Stuttgart district court said on Friday, marking another setback for the company.
Reuters reported on Thursday that Varta planned to file for insolvency after its shareholders sports car maker Porsche AG and Austrian investor Michael Tojner declined to provide additional funding to the struggling company.
Varta now faces a potential breakup: Key creditors, including Deutsche Bank, intend to take over the profitable household battery business, while Tojner has expressed interest in the micro-battery division.
Varta lost its key customer in the spring: Apple plans to source the rechargeable “CoinPower” button cells for its AirPods headphones from China in the future.
The great German own goal – In economics, as in football, they’ve lost their edge.
Can it be a coincidence? For three World Cups in a row, Germany has failed to make it to the last 16. For the 16 previous tournaments — from 1954 until 2014 — it never failed to reach the quarter finals. You can be unlucky once, or even twice, but three times? Especially when we see a similar pattern in the Euros, this failure can’t be explained away by the glorious randomness of football.
The year of the 2018 World Cup also marked a turning point for the German economy. Until then, it was considered one the most successful in the world, a reputation it had enjoyed almost without interruption since the Second World War. I spent a lot of time back then warning that Germany’s strategy was not sustainable — even if it superficially seemed to work. From 1945 to 2018, after all, Germany was Europe’s manufacturing powerhouse. The last eight years, though, have been marked by deindustrialisation, price spikes, and persistent economic disappointment…
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China owns more than 11,000 German-developed patents, IW study shows – China has taken ownership of more than 11,300 patents developed in Germany over the past two decades, according to a study by the German Economic Institute (IW) commissioned by the Bertelsmann Foundation.
Nearly one in three inventions developed in Germany is owned by a foreign entity. Of those, almost a third are held by U.S. owners and about 11% by Swiss owners, the study showed on Tuesday.
Germany’s poverty rate rises to record high, welfare group says – Germany’s poverty rate rose to a record high of 16.1% in 2025, leaving around 13.3 million people classified as poor, according to a report published on Tuesday by the Paritätische, an umbrella group for charitable organizations.
The figure was up from 15.5% a year earlier and marked the highest level since comparable records began, the association said, citing official data released earlier this year.
Germany news: Climate activists target tank factory – Climate activists have carried out protests across the industrial Ruhr Valley ahead of a weekend of climate action.
Climate activists target Ruhr Valley as Greta Thunberg attends protest camp.