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HomeBusinessGerman suffer with a Corona hardly any financial losses on the economy

German suffer with a Corona hardly any financial losses on the economy

Many fear, however, as before, to your Job, especially in the case of the six-million short-time workers. Additional expenditure which is or wants to prefer – in spite of the VAT reduction – hardly anyone.

The overwhelming majority of the German just loses neither much income nor fears for their Job. These hopeful preliminary Corona balance can be from several months of interviews, the results of the Süddeutsche Zeitung available. This shows, however, that you have to worry about a fifth of the population is quite.

From the financial crisis, the barometer reveals that a constant four-fifths by Corona, no significant financial loss. At the end of June, over 90 percent expected that their net income remains in the next half year at least. A growing minority of them expects even more cash. The proportion of those emanating from financial losses, has halved since the beginning of April, the surveys of the Consumer research from Nielsen and the financial researchers of the Safe Institute under 7500 households. It can be seen that nearly 20 per cent have since months of financial losses. Every third of them believes that his income will continue to shrink.

Against this Background, it is interesting how current measures of the Federal government to act. It is established that the government stabilized with aid for the self-employed and companies, as well as extensive short-time working money, the financial situation of the German. The economic stimulus package approved reduction of VAT until the end of the year promises, however, at least in the case of larger purchases of seem to little, the result of the surveys.

Only eleven percent of the households want to make additional spending over 250 Euro or prefer not to car purchases was asked. “We see that this tax cut is dissipated to keep in the house,” says Roman Inderst, University of Frankfurt. The one-time child bonus of € 300 households want to spend at least an average of 130 euros.

The surveys show that the majority of Germans no income is missing. You held back in the past few months, when use tends to be because, due to the restrictions of the shops were closed or they were afraid of a contagion. “If the government wants to boost consumption, you should do it maybe aimed at the fifth of the households have less income,” says Safe-researcher Andreas Hackethal.

Many short-time workers looking skeptical in the future

Loss the in may, six million workers on short time. The interviews show that many of them look more sceptical in the future as the General public. Only twelve percent of workers fear that they will be terminated in the next three months. Of those whose income is at least 20 percent, to which some workers fear shrank by contrast, almost every second of the Job.

Economically may have a positive effect, that the Fears about the pandemic decline. Feared in March of every second to his health, it is now every third. While in March, 80 percent shunned the Public, there are now only half as much. “Mobility is an important factor for consumption”, so Hackethal.

Remarkably, the data to the Home Office. Accordingly, the company allowed the end of June, only every fourth employee to work from home – in April this was still the case for 37 per cent. Who is allowed to work from home, does it usually: Three-quarters take advantage of this opportunity. It shows that half of them are working exclusively in the Home Office – they go in the company.

Jerry Rolonhttps://etrendystock.com/
After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

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