Number of people employed in German manufacturing falls by 2.4 pct in June
Source: Xinhua | 2020-08-18
The number of people employed in Germany's manufacturing companies with 50 or more employees declined by 2.4 percent to 5.5 million in June this year, compared with that of the previous year, the Federal Statistical Office (Destatis) announced on Monday.
"In almost all sectors of the manufacturing industry the number of employees decreased in June 2020," Destatis noted. With a drop of 4.5 percent, the number of employees in the rubber and plastic goods manufacturing sector with 50 or more employees fell most sharply.
However, regular workers set to reduced hours as a result of the COVID-19 crisis would still count as employees so that the high number of short-time workers would "not have a negative impact on the number of employees," Destatis noted.
The Federal Employment Agency (BA) recently announced that 6.70 million workers in Germany received short-time work compensation in May, after 6.10 million in April. The use of short-time work was "far above" the levels at the time of the financial crisis in 2009.
The effects of the COVID-19 crisis were noticeable in terms of hours worked throughout Germany's manufacturing sector, Destatis noted. The number of hours worked in June decreased by 3.5 percent year-on-year to 623 million.
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