Short-time work massively reduced

BusinessEconomy ♦ Published: July 2, 2010; 00:00 ♦ (Vindobona)

At the height of the crisis in April 2009, 57 000 employees were short-time workers , there were only 8313 at the beginning of July 2010.

Short-time work massively reduced / Picture: © Vindobona.org

At the height of the crisis in April 2009, 57 000 employees were short-time workers , there were only 8313 at the beginning of July.

The order situation of companies improved significantly. Therefore many companies are phasing out programs or completed terminated short-time work, says the director of the Labour Market Service (AMS) Johannes Kopf on Friday.

In mid-June 12…