(C) Reuters.
BERLIN (Reuters) – The share of German companies that have implemented short-time work plans declined to 37% in August from 42% in July, a poll by German economic institute Ifo showed on Monday.
Short-time work, also known as Kurzarbeit, allows employers to switch employees to working fewer hours or even none during a downturn.
Number of German companies with short-time work declines in August: Ifo
By Reuters – Aug 31, 2020
By Daniel Leussink TOKYO (Reuters) – Japanese firms cut spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday, as the…
By Reuters – Aug 31, 2020
TOKYO (Reuters) – Japan’s jobless rate rose while the availability of jobs declined in July, government data showed on Tuesday. The seasonally adjusted unemployment rate was 2.9%…
By Reuters – Aug 31, 2020
SEOUL (Reuters) – South Korea’s economy turned out to have shrunk by a seasonally adjusted 3.2% in the April-June period from the previous quarter, revised central bank data…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.