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

Serbian Interior Minister in serious condition

Polish jets scrambled after Russian strikes on Ukraine

Turkiye denies plans to enter Iran amid U.S. tensions

Cuba says 4 killed after speedboat from Florida opened fire

Iran offers flexibility in high-stakes nuclear talks

Iran presents proposals to US in Geneva for nuclear talks

Russia says boat incident near Cuba is ‘provocation’ by US

Kim Jong Un says North Korea could 'get along' with US

5.3-magnitude earthquake strikes near Kuril islands

US says it will allow resale of Venezuelan oil to Cuba

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