Markets
6.3
German Industry Sheds 500K Jobs Since 2019; Services Absorb Losses
Published 6 h ago4 sourcesEvidence: Reported
SeverityModerateZeit OnlineDE
Croatian baking industry entrepreneurs saw profits decline 12.8% year-on-year, while employment in the sector rose 5.4% to 15,486 workers. The profit drop amid rising employment suggests margin compression, possibly due to higher input costs or wage pressures. This is a sector-specific development with limited macro impact.
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