Wilfried Hüntelmann

Wilfried Hüntelmann is the chairman of the management board of the Munich Employment Agency, where he oversees the city's labor market dynamics. Recently, he has expressed concerns about the stagnation in job growth, highlighting that the rate of new social security jobs has dropped significantly from annual increases of about three percent to only 0.8 percent. His insights reflect a broader trend of rising layoffs and a struggling economy in the Munich area.