German job market is shrinking. Almost all sectors affected, including IT and office jobs. Fall flextime and home-office offers. Many jobs being replaced by AI.

Unemployment is not set to rise significantly because the number of workers on the market is falling, for demographic reasons.

#Germany #economics

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Replaced by AI? Isn't it because of the shift in German attitude towards work and productivity and the implosion of German industry?

No, no. It's definitely AI. It has nothing to do with the EU being an absolute disaster, nope.

I'm loosely quoting the source article, that includes the results if employer polls, that they are increasingly purchasing AI solutions instead of hiring workers.

Ende des Hypes um Vier-Tage-Woche und Homeoffice – wie die Krise den Arbeitsmarkt verändert

https://www.welt.de/wirtschaft/plus255615402/Ende-des-Hypes-um-Vier-Tage-Woche-und-Homeoffice-Wie-die-Krise-den-Arbeitsmarkt-veraendert.html

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Unemployment is not set to rise because of demographic reasons? Within a year the population is shrinking that much? 🤔

No, retiring.