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ifo Employment Barometer Hits New Record High

Summary:
Ifo Employment Barometer for Germany - Results of the ifo Business Survey for December 2017 German companies are planning to hire more staff. The ifo Employment Barometer rose to 113.5 points in December from 113.2 points in November. This marks a new historical record high. Manufacturers plan to significantly increase their staff numbers and the barometer also hit a new record high in the sector. Almost all important branches are planning to recruit more personnel. Willingness to recruit remains high in distribution and construction. Service providers in the shipping and logistics branch in particular are seeking additional staff.  Related Link ifo Employment Barometer for December 2017: Detailed page

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ifo Employment Barometer for Germany - Results of the ifo Business Survey for December 2017

German companies are planning to hire more staff. The ifo Employment Barometer rose to 113.5 points in December from 113.2 points in November. This marks a new historical record high.

Manufacturers plan to significantly increase their staff numbers and the barometer also hit a new record high in the sector. Almost all important branches are planning to recruit more personnel. Willingness to recruit remains high in distribution and construction. Service providers in the shipping and logistics branch in particular are seeking additional staff. 

Clemens Fuest
Clemens Fuest took over from Hans Werner Sinn as chairman of the IFO Institute in April 2016. He is professor at the Faculty of Economics of the University of Munich.

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