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

Turkiye seeks to return S-400s to buy F-35s

EU MEPs approve gradual ban on Russian gas imports

Mexico urges UN to prevent US-Venezuela tensions

US exempts Russian banks from civil nuclear sanctions

Azerbaijan Air Force Commander inspects units

Zelensky attend EU Leaders’ summit on Ukraine's finances

Israeli army enters villages in Syria

Ukraine, Germany sign €1.2 billion defense agreements

Delhi orders 50% remote work amid air pollution

Maccabees’ war shaped Judeo-Christian civilization

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