Germany's economy ministry expects rise in short-time work agreements
Reuters
Published Dec 14, 2020 04:27AM ET
Updated Dec 14, 2020 10:00AM ET
BERLIN (Reuters) - The number of people working reduced hours under Germany's Kurzarbeit scheme is expected to increase following a strict lockdown that will start on Wednesday, the economy ministry said on Monday.
A partial lockdown that has been in place since Nov. 2 had not yet negatively affected the labour market, it said in a statement.
However, a significant increase in applications for short-time work schemes indicated a rise in the number of people working reduced hours.
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Written By: Reuters
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