AGP Executive Report
Last update: 3 hours agoVolkswagen Pay Talks: Management is considering a global wage freeze through 2030 as part of a cost-cutting drive. IG Metall says pay will be decided at the bargaining table, with German talks underway. Industrial Jobs: Ifo says German industry lost 496,000 jobs from 2018 to 2025, led by auto suppliers, metal products and mechanical engineering. Services added more than 2.2 million positions, mainly in care and public administration. Minimum Wage: Germany’s statutory floor is €13.90 an hour in 2026 and is set to rise to €14.60 in 2027; it covers most employees, including foreign and part-time workers. Skills Pipeline: Germany and Ghana are exploring closer cooperation in technical and vocational education, with Germany’s employer-led training system highlighted as a model.
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