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

Ukraine destroys Russian unmanned vessel in Black Sea - Video

Israel strikes Ali al-Taher ridge in southern Lebanon - Video

Peskov: Putin’s G20 trip to Miami not yet decided

Russia launches 410 drones at Ukraine in 12 hours

Tokayev reaffirms invitation for Trump to visit Kazakhstan

Blasts heard off coast of Iran’s Qeshm Island

Iran sets seven conditions for reopening Strait of Hormuz

Pezeshkian meets Abu Dhabi crown prince in New Delhi

Iran says Hormuz remains closed despite Iran-Oman agreement

Iran, Oman FMs discuss regional developments

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