High Energy Prices Could Threaten 1.3 Million Jobs Across European Union
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High energy costs across the European Union could threaten up to 1.3 million jobs, according to new estimates. The automotive industry faces the most severe risk of widespread layoffs due to elevated energy prices that have impacted manufacturing costs across the bloc. The warning highlights the continued economic pressure on EU industries as energy prices remain elevated compared to pre-crisis levels, with energy-intensive sectors particularly vulnerable to job losses.