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 condemns US strikes on three Iranian oil tankers

Giorgia Meloni thanks Erdogan for congratulations

Iran turned secret US military transfer into precise target

Iran says it attacked vessels in Strait of Hormuz

Pashinyan: Armenia still needs a revolution

Russia, Ukraine did not agree on broader three-day truce

Trump continues efforts to resolve Russia-Ukraine conflict

Russian drone attack on Khmelnytskyi region injures seven

22 killed in fire at wedding venue in Congo

Putin: Ukraine has significantly reduced strikes on Russia

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