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

Zelensky calls Putin’s response to his letter 'weak'

Putin calls Trump’s Iran ceasefire decision right move

Armenia’s ruling party holds large rally in Yerevan - Video

Azov drone attack survivor describes strike - Video

Rezaei says talks at deadlock, warns of broader conflict

Attack on Turkish fishing boat kills 1, injures 4 - Breaking

Putin says no point in meeting Zelensky for now

US forces detain sanctioned tanker Davina in Indian Ocean

Lebanon president accuses Iran of interfering in affairs

CENTCOM denies Iran fired on US warships claims

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