July 30, 2020 / 6:37 AM / 11 days ago

German companies gradually easing off furloughs - Ifo

BERLIN (Reuters) - The number of German companies that have their workers on shortened working hours is gradually easing, particularly in the construction, services and retail sectors, a survey by the German economic institute Ifo showed on Thursday.

In July, 42% of companies surveyed were still taking advantage of the Kurzarbeit furlough scheme, down from 46% in June and 53% in May.

Reporting by Maria Sheahan; editing by Thomas Seythal

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below