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European Economic News

Germany Manufacturing Employment Rises In December

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's factory employment increased at the end of the year, preliminary figures from Destatis showed Tuesday.

Employment in factories with 50 or more workers was 5.3 million people in December, up 1.1 percent from the corresponding month of the previous year.

The number of hours worked also increased, rising by 4.0 percent from the same month last year to 603 million hours.

Earnings of employees advanced to around EUR 21 billion in December, up 4.2 percent from a year ago.

In the whole year 2014, total employment level in the manufacturing units rose 1.0 percent as compared to 2013.The number of hours worked also climbed 1.0 percent year-on-year to 8.152 billion.

Meanwhile, earnings grew 3.7 percent to EUR 254.9 billion.

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