Due to the economic boom in Germany, the number of people on short-time work has fallen to well below a million. That is a sharp decrease compared to the start of the pandemic.In Germany, fewer and fewer employees are on short-time work. This means that the level is significantly lower than at the beginning of the Corona crisis. The number of people affected by a temporary reduction in working hours fell from 1.06 million to 688,000 in August. The Ifo Institute from Munich announced this today.
The experts estimate the number on the basis of the monthly business survey among German companies and on the basis of data from the Federal Employment Agency.After that, two percent of the dependent employees were still on short-time work, after a good three percent in July. “The decline ran through almost all branches of the economy in August,” said Ifo expert Stefan Sauer. “The number of short-time workers is below one million for the first time since the beginning of the Corona crisis.”
Gastronomy is still suffering a lot
The hospitality industry remains particularly affected by short-time working. Here the experts estimate the proportion at ten percent, which corresponds to a good 100,000 people. However, the number also fell significantly here, because in the previous month the value was a sixth.In the industry, the supply bottlenecks for preliminary products apparently had no noticeable effect on short-time work. The proportion there fell from a good four to just under three percent.
At times six million employees affected
Shortly after the pandemic began, the number of people affected by short-time work rose to more than six million in April last year. At that time, the number of short-time workers had increased roughly fifteen-fold within three months.