Xinhua, Berlin :
German companies are still very keen to recruit additional employees in July, the Ifo research institute reported on Thursday.
According to its report, the Ifo employment barometer index remained at 104.1 points in July, the same level as in June. Manufacturing was the only sector to see a fall in employment expectations, while the other three sectors – trade, construction and service – all experienced rises.
“The prolonged upturn in the German employment market is currently showing no signs of fading,” the report noted.
The Ifo Employment Barometer is based on about 9,500 monthly responses from businesses in manufacturing, construction, trade and the service sectors.
German companies are still very keen to recruit additional employees in July, the Ifo research institute reported on Thursday.
According to its report, the Ifo employment barometer index remained at 104.1 points in July, the same level as in June. Manufacturing was the only sector to see a fall in employment expectations, while the other three sectors – trade, construction and service – all experienced rises.
“The prolonged upturn in the German employment market is currently showing no signs of fading,” the report noted.
The Ifo Employment Barometer is based on about 9,500 monthly responses from businesses in manufacturing, construction, trade and the service sectors.
