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The World of Economics Explained: Short-Time Work - The German Model
The World of Economics Explained: Short-Time Work - The German Model
The World of Economics Explained: Short-Time Work - The German Model
2 min • Business & Technology • 2020

Short-time work prevents mass layoffs during an economic downturn when workers have less to do. When they do go to work, they get paid as usual. For the days they don't work, they get an allowance from the state. This helps the economy tick over.

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