Worldwide 612,000 Jobs Threatened with Brexit without Agreement
If Great Britain leaves the European Union without an agreement on the Brexit, 612,000 jobs are threatened worldwide.
One hundred thousand jobs are on the rise in Germany alone. This is shown by a study by the Halle Institute for Economic Research (IWH) and the Martin Luther University in Halle-Wittenberg.
“In no other country will the employment impact be as great as in Germany,” say the researchers in the Welt am Sonntag newspaper.
The study only takes into account job losses that can be caused by a fall in exports as a result of new customs duties on imports into Great Britain and no other risks for the labour market, such as a decline in willingness to invest.
In Germany, the car industry is probably most affected by a decline in exports. As far as the number of employees is concerned, the most significant effects could be felt at Volkswagen in Wolfsburg and BMW at the Dingolfing-Landau factory in Bavaria.