Ifo employment barometer falls: “Companies are more reluctant to hire new people”. “The difficult economic situation is now also reflected in personnel planning,” says Klaus Wohlrabe, head of the Ifo surveys.
In retail, more and more companies are thinking about layoffs because customers are not coming. Pessimism pervades almost all industries: Industrial companies are “still assuming a declining workforce,’ as the economic researchers announced. However, the barometer increased slightly here, from minus 13.5 to 13.0.