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German job concerns at highest level since financial crisis

Laraba Johnson by Laraba Johnson
January 3, 2026
in Business, Development, National, News, News, Politics
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German job concerns at highest level since financial crisis

FILED - The planned job cuts at the automotive supplier Bosch have called the trade union into action, with employees fearing for their jobs. Photo: Jason Tschepljakow/dpa

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By Alexander Sturm, dpa

People in Germany are increasingly worried about their jobs, according to a survey.

In 2025, 16% of German citizens considered their job to be “very insecure” or “rather insecure,” according to a study by the consultancy firm EY, cited by Die Welt newspaper.

This is the highest level since 2009, when, under the impact of the global financial crisis, 22% viewed their job as generally insecure.

Compared to the previous year, the proportion of those who are worried has increased by three percentage points. Compared to 2023, it is five percentage points.

Over 1,000 people were surveyed in November for the study, which was made available to dpa on Thursday.

Nevertheless, 84% of respondents considered their own job to be secure despite the ongoing economic downturn, with 45% even considering it very secure.

“We do see a gradual decline in job security, but we are far from a general sense of doom,” said Henrik Ahlers, chairman of the management board of EY. “The chances are not bad that confidence will return once the economy picks up again.”

He added that the majority of people are not letting themselves be driven to panic.

Greatest concerns among the young and low earners

There are also significant differences when it comes to job anxiety. The Baby Boomer generation has the greatest confidence: Only 10% of those over 55 fear for their job; while in the 36-45 age group, however, an above-average 17% are worried, and among those under 35, it is 21%, meaning more than one in five.

Income also plays a significant role. Among low earners with an annual income of less than €25,000 ($29,360), 36% worry about their job. For those with a salary of over €70,000, the figure is only 8%.

“Great scepticism among the population”

Job concerns are accompanied by subdued expectations regarding personal financial situations. Only 17% expect to have more money available in the new year. Conversely, 26% fear that their financial situation will worsen.

“We still see great scepticism among the population, both regarding their own financial situation and concerning the economy,” said EY chief Ahlers. Many people remain very cautious and are holding back on major purchases, he said.

According to the Social Association of Germany, people’s greatest concerns are affordable housing, a stocked fridge at the end of the month, a warm home and a job that allows one to live free from poverty.

Despite all the justified need for reform in areas such as pensions, health and care, it is also the task of politicians to send clear signals of security and confidence, said Chairwoman Michaela Engelmeier.

Tags: financial crisisGerman job concernhighest level
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