Germany’s labor market suffers, with unemployment hitting 2.9 million, highest since 2016.
⚠️VOLKSWAGEN PLANS TO CLOSE AT LEAST 3 GERMAN FACTORIES AND CUT THOUSANDS OF JOBS⚠️ The largest EU carmaker also plans to lay off TENS OF THOUSANDS of people out of its 300,000 workforce and slash pay by 10%. Brace for more rise in German unemployment👇https://t.co/6u5jTlo3xn — Global Markets Investor (@GlobalMktObserv) November 15, 2024 Unemployment Rate …