UP

Germany using short-time work schemes

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Germany using short-time work schemes

The share of companies in Germany using short-time work schemes rose in November compared to the previous month, economic institute Ifo said on Monday, as a partial lockdown hit employment in tourism and restaurant industries.

Axar.az reports that Ifo said a survey of around 7,000 companies showed that the share of companies using the scheme rose to 28% in November from 24.8% in October.

Short-time work, also known as Kurzarbeit, allows employers to switch employees to working fewer hours or even none during an economic downturn. It aims to stop immediate shocks from leading into mass unemployment.

Date
2020.11.30 / 11:40
Author
Axar.az
See also

IRGC claims it targeted US radar site in Bahrain - Video

Trump may hold off on new strikes against Iran

Fico: Europe's intentions on Ukraine will become clear

Putin demands end to Britain's nuclear protection for Europe

Kushner says new ideas emerging in peace talks

Trump slams California governor over death penalty decision

Macron says Ukraine's security concerns all Europeans

Denmark to provide Ukraine with €645m support package

At least 5 killed, 17 wounded as bus overturns in Iran

Netanyahu: Iran seeking to revive nuclear program

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla