Warning: the Hans-Böckler Foundation is a typical commie institution and part of the german state aristocracy. So what they announced is really alarming...

The German economy is projected to shrink by 0.5% in 2023 due to energy price shocks and high interest rates. Despite this, a 0.7% growth is anticipated in 2024, as stated by the Institute for Macroeconomics and Economic Research of the Hans-Böckler-Foundation. Unemployment is set to rise to 5.7% in 2023, representing about 2.6 million jobless individuals. By 2024, this is expected to increase slightly to 5.9%. Inflation, after hitting a high of 6.0% in 2023, is projected to stabilize to 2.4% in 2024, aligning closer to the ECB's inflation target... (last is real bs like the unemployment data)