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

Trump calls flying Tesla Roadster ‘very impressive’

German Chancellor signals possible return of conscription

Yemen says 800 Houthi fighters killed or wounded in 24 hours

Iran says 5,000 people killed in US-Israeli attacks

Israeli settlers attack European diplomats in West Bank

Houthis say downed Saudi Apache helicopter near border

At least 17 dead in stampede at Hindu festival in India

One killed in blast at Iraq’s PMF headquarters

Pakistani army targets Taliban posts in Upper Kurram

Explosions heard near Iran’s Sirik city

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