Press release -
ifo Employment Barometer Plummets to Historic Low (April 2020)
The personnel departments of German companies are preparing for layoffs. The ifo Employment Barometer plummeted to 86.3 points in April after measuring 93.4 points in March. This represents a historic low. There has never been such a marked decline in the barometer itself, which will correspond to a rise in unemployment in Germany.
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