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

Iran thanks Turkiye for support as tensions persist

Government focuses on security and citizens’ needs

Iran targets Kuwait base, destroys Eurofighter jets

Iran Strikes US Military Base in UAE

China provides $200,000 in humanitarian aid to Iran

Zelensky: US sanctions relief could give Russia $10B

Iran launches missile strikes on Israel

Turkiye’s Land Forces commander visits border with Iran

El-Sisi holds phone call with Iranian President

Trump says US is “totally destroying” Iran

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