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December Job Outlook Dims Amid Cautious Hiring Trends

12/20/2025

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Story summary
  • The Ifo Institute's employment barometer fell to 91.9 points in December, signaling cautious hiring.
  • Klaus Wohlrabe, Head of Ifo Surveys, said job reductions are most significant in the industrial sector, especially clothing manufacturers.
  • Service providers and retailers are hesitant to hire.
  • The construction sector shows a balanced outlook, with companies planning to maintain their workforce.
  • Tourism and management consultancies expect to hire more staff in the coming year.