Number of German workers on short-time declines to 6.7 mln - Ifo

by Reuters
Tuesday, 30 June 2020 05:16 GMT

BERLIN, June 30 (Reuters) - The number of workers in Germany on reduced hours has fallen to 6.7 million from 7.3 million in May, economic institute Ifo said on Tuesday, pointing to a slow recovery from the coronavirus pandemic's impact.

"The decline is rather tepid and short-time working is even increasing in some industries," ifo said in a statement. (Reporting by Thomas Seythal Editing by Riham Alkousaa)

Our Standards: The Thomson Reuters Trust Principles.