Car factories had as little to do last year as they hadn’t for decades. According to the Association of the Automotive Industry, only 3.1 million cars were manufactured in Germany – this is the lowest level since 1975. Nevertheless, the large companies in the automotive industry are doing well economically. This is also noticeable on the labor market.
The number of advertised jobs in the industry has increased significantly in 2021 compared to the previous year. According to “Welt”, the automotive industry posted a total of 169,231 job offers for new employees.
This is an increase of 36 percent compared to 2020. The value even exceeds the year before the corona pandemic. In 2019, 165,807 employees were wanted. Looking at the individual quarters, a continuous recovery of the market can be seen. 59,658 jobs were advertised in the last quarter of 2021 – as many as last in the first quarter of 2019. Compared to the low point of the Corona crisis in the second quarter of 2020, the number of jobs has even doubled.
The job market figures match the latest statistics from the Federal Employment Agency (BA). It found that the number of employees subject to social security contributions in the metal, electrical and steel industry had fallen by 137,000 by October 2021 compared to the last month before the Corona crisis in February 2020. This is a decrease of three percent. In view of the slump in production, however, this is quite moderate. This also includes companies that have nothing to do with the automotive industry.
Statistics from the BA show one reason for the increase in jobs in the automotive industry. According to this, there are material bottlenecks in the automotive industry, as was the case last at BMW (eXXpress reported), but these pose a significantly lower risk than is the case in other industries.