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Outlook Bleak for Germany's Skilled Laborers

November 21, 2002
https://p.dw.com/p/2qrn

The German Confederation of Small Business and Skilled Crafts (ZDH) forecasts that the current crisis plagueing the sector will get worse before it improves. The organization said it expects a total drop in revenue of 4.5 percent and a loss of almost 300,000 jobs in the current year. In 2003, the ZDH said it is expecting a further dip in turnover of 1 to 3 percent and a loss of about 100,000 to 300,000 jobs.