> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # 💼 Germany's Steady Unemployment Rate. EV Sales Up 5x. +15% Semiconductor Demand in Automotives. - URL: https://newsletters.qs.com/germanys-steady-unemployment-rate-ev-sales-up-5x-15-semiconductor-demand-in-automotives/ - Published: 2025-05-30T11:40:15.000Z - Updated: 2025-07-04T05:09:31.000Z - Description: Chart of the Day #356 Looks at Germany’s Unemployment Rate, Global EV Sales, and Global Semiconductor Demand - Author: QS - Tags: Charts ✉️ Four New Skills Newsletters! [****AI & Digital Skills**](https://newsletters.qs.com/tag/ai-digital-skills/)****,** [****Advanced Manufacturing**](https://newsletters.qs.com/tag/advanced-manufacturing/)****,** [****Green Skills**](https://newsletters.qs.com/tag/green-skills/), and [****Health Skills**](https://newsletters.qs.com/tag/health-skills/) [**Kia ora**](https://en.wikipedia.org/wiki/M%C4%81ori%5Flanguage?ref=newsletters.qs.com) 🥝 Michigan launches [public-private partnership](https://www.michigan.gov/leo/news/2025/05/29/mi-launches-partnership-with-dte-and-consumers-to-boost-manufacturing-and-support-good-paying-jobs?ref=newsletters.qs.com) with DTE Energy and Consumers Energy to boost manufacturing and support good-paying jobs. Opapru and Aboitiz Foundation ink MOU to [empower women](https://mb.com.ph/2025/05/30/opapru-aboitiz-collaborate-to-boost-digital-skills-of-pinays-in-vulnerable-areas?ref=newsletters.qs.com) in conflict-affected areas through ‘Elevate AIDA’. Kinetic Watts And Volts Unveils New [EV Manufacturing Hub](https://menafn.com/1109611750/Kinetic-Watts-And-Volts-Unveils-World-Class-Manufacturing-Facility-Signaling-A-Bold-New-Chapter-In-Electric-Mobility?ref=newsletters.qs.com) In Maharashtra. DHCD awards grant to grow [Street Medicine Program](https://ukenreport.com/dhcd-awards-grant-to-grow-street-medicine-program/?ref=newsletters.qs.com). NIE & AWS launches the Technology for Education Centre to advance [AI-powered learning](https://www.techedt.com/nie-and-aws-launch-innovation-centre-to-advance-education-technology-in-singapore?ref=newsletters.qs.com) in Singapore. Microsoft trained 2.4M in AI in India—65% women, 74% rural—and aims to train [500K](https://www.financialexpress.com/jobs-career/education-microsoft-supercharges-indias-ai-workforce-2-4-million-trained-so-far-65-women-74-rural-five-lakh-more-by-2026-3862442/?ref=newsletters.qs.com) more by 2026\. GEMS Education expands into Saudi Arabia and Bahrain through a [partnership ](https://snip.ly/pkur4d?ref=newsletters.qs.com)with Spark Education Platform. ### Today's Topics 💼 **Workforce.** Germany maintains a steady unemployment rate against EU 🍃 **Green Skills.** 5x growth in global EV sales **🏭 Advanced Manufacturing.** 15% growth in semiconductor demand in the automotive industry Thanks for reading! **Not a subscriber yet?** [Subscribe Now](https://newsletters.qs.com/#/portal/) --- ## 💼 Germany Maintains a Steady Unemployment Rate Against EU [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2025/05/HolonIQ_Germany_s_unemployment_rate_with_respect_to_EU_27_countries_2019_2023_HCHHL679K6KQBGAYQZ3Y.png)](https://index.holoniq.com/charts/HCHHL679K6KQBGAYQZ3Y?ref=newsletters.qs.com) Germany's 2023 unemployment rate stood at 3.2%, significantly below the EU average of 6.1%. This continues Germany's trend of consistently stronger labor market performance within the European Union. To address recent skilled worker shortages, Germany is actively recruiting international talent and is planning [employment law reforms by 2026, ](https://www.shrm.org/topics-tools/employment-law-compliance/german-government-has-plans-labor-employment-law-reform?ref=newsletters.qs.com#:~:text=By%202026%2C%20the%20government%20aims,compensation%20strategies%20to%20remain%20compliant.)including a rise in minimum wages. [The Federal Ministry of Labour and Social Affairs' Skilled Labour Strategy](https://www.bmas.de/EN/Labour/Skilled-labour-and-migration/Skilled-Labour-Strategy/skilled-labour-strategy.html?ref=newsletters.qs.com) is a key policy addressing these demographic and workforce needs. ## 🍃 5x Growth in Global EV Sales [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2025/05/HolonIQ_Global_EV_car_sales_2015_2024_Millions_of_Cars_HCHV28UN5C33J0XISDZW.png)](https://index.holoniq.com/charts/HCHV28UN5C33J0XISDZW?ref=newsletters.qs.com) Global EV sales reached 17.5M in 2024, a sharp rise from 2.9M in 2019\. Despite[ EVs becoming more affordable](https://www.iea.org/reports/global-ev-outlook-2025/trends-in-electric-car-affordability?ref=newsletters.qs.com), this near five-fold surge now faces headwinds from new tariffs and [evolving consumer concerns](https://evchargingsummit.com/blog/challenges-facing-the-ev-industry-today/?ref=newsletters.qs.com) as popularity rises, potentially slowing growth and raising consumer costs. While [China's subsidies fueled its EV dominance](https://www.csis.org/blogs/trustee-china-hand/chinese-ev-dilemma-subsidized-yet-striking?ref=newsletters.qs.com), new [25% US tariffs on these imports will likely increase prices](https://www.act-news.com/news/new-tariffs-could-affect-ev-productions-costs/?ref=newsletters.qs.com). The new US administration's policy aims to protect US industry, potentially impacting global EV affordability. ## 🏭 15% Growth in Semiconductor Demand in the Automotive Industry [![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXesF0mXw2ZCelWXZAF8snbtFRehcA_qWDTlEj3Uw2B7NAB6uiBQJS-4naS9aS5RxC8J5kfd5De-lq9b8GZTV-Kfmtbjmm2Jd3P26jJ60oBKtSTbdZj8YrhRs5ewu02bNoDCrhej?key=5aEZHCxMYlxVjnUbGRJGpw)](https://index.holoniq.com/charts/HCHJIIZTIHD4PF2J7B7J?ref=newsletters.qs.com) Automotive semiconductor demand grew 15% in 2023, while consumer (-31.9%) and government (-45%) sectors sharply declined. The[ EV industry’s high dependence on advanced chips ](https://www.jpmorgan.com/insights/global-research/supply-chain/chip-shortage?ref=newsletters.qs.com)for EVs saw their demand grow higher. This reflects a market shift following the [2020-2023 global chip shortage caused by demand-supply imbalances](https://www.techrepublic.com/article/global-chip-shortage-cheat-sheet/?ref=newsletters.qs.com). The shortage was fueled by pandemic-era electronics demand and supply disruptions. The [US CHIPS and Science Act,](https://www.nsf.gov/chips?ref=newsletters.qs.com#recent-news-48e) via the Department of Commerce, aims to secure future supply by boosting domestic production. --- **Like getting this newsletter?* Request a demo for unlimited access to over one million charts* [Request a Demo](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) --- **Thank you for reading. Have a great week ahead!** Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com