Germany's manufacturing industry will create 70,000 new jobs next year, the head of the German Chamber of Industry and Commerce (DIHK) told a newspaper, citing a study it conducted. "Industry will therefore contribute a quarter of the growth in employment," DIHK President Hans Heinrich Driftmann said in comments quoted by the Frankfurter Allgemeine Zeitung on Monday.
Roughly 300,000 new jobs should be created in Germany in total next year, the paper reported. This would nonetheless represent a slowdown in employment growth versus Labour Office figures that show jobs increasing in October - the latest month for which statistics are provided - at an annual rate of 400,000 in seasonally adjusted terms.