Up to 1.3 million jobs across the EU are at risk because of the ongoing war in the Middle East, European Commissioner for jobs Roxana Mînzatu said on Wednesday."Due to the war in the Middle East, up to 1.3 million jobs are at risk, particularly in energy-intensive industries," Mînzatu said at a press conference."Let me also underline that increased energy costs will have a particular negative impact on lower-income households in Europe, which is why we recommend that all member states take targeted measures so that they can support vulnerable groups," the Commissioner added.According to the report, the EU automotive sector could face the biggest layoffs of up to 600,000. Construction, metals, chemicals, transport could lose 56,000 jobs. Some 85,000 jobs in battery projects could be at risk and 58,852 jobs in solar manufacturing. Another 4,500 jobs could go in the steel sector because of low-carbon measures.In a stagflationary double whammy, Low-income households could spend an additional 1.4% of income on transport fuel.As Euronews reports, the warning came during the presentation of the 2026 Spring Semester Package, a bi-annual publication by the EU executive that provides guidance to the 27 member states on the bloc's economic priorities.The conflict has already had tangible effects on the European economy, with energy prices surging as a result. According to the latest European economic forecasts published in May, the war has slowed European growth while pushing inflation higher. Yesterday we learned that Euro Area inflation topped 3% for the first time since 2023, cementing an ECB rate hike next week.Economic data on growth and inflation vary sharply across the EU, a disparity the Commission considers a threat to competitiveness.
EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War
"Due to the war in the Middle East, up to 1.3 million jobs are at risk, particularly in energy-intensive industries"











