Categories: Business

Media reports: healing will increase in the short-time work allowance until March 2022

Media reports
Healing want to increase in the short-time work allowance until March 2022

The Minister of labour, Hubertus Heil, wants to extend the increase in the short-time working allowance and the payment of social insurance contributions up to March 2022. Photo: Michael Kappeler/dpa

© dpa-infocom GmbH

Due to Corona, the German economy slumped in the second quarter, sharply. However, the impact on the labour market remained due to the short-time working money, yet moderate – and should remain so.

The Federal Ministry of labour proposes, according to a media report, to extend the increase in the short-time working allowance and the payment of social insurance contributions up to March 2022.

The portfolio of Minister of labour, Mr Hubertus Heil (SPD) have developed prior to the coalition Committee on Tuesday, a model, reports the “Bild am Sonntag” citing a confidential concept.

At the Meeting of the coalition of peaks at 25. August want to advise the Union and the SPD is expected to extend the maximum duration of short-time working – from 12 to 24 months. In the conversation is to connect to a qualification of employees.

As the “Bild am Sonntag”, citing in this paper, is to be paid to the short-time working allowances due to the Corona-crisis up to March 2022. The increase in the short-time work money should be continued until then. The employers, the social security should be refunded contributions for workers on short to March 2021 in full, to was from April of 2021, only 50 percent of it because the companies were short of workers. In this case, the state should pay the contributions until March 2022, the report says.

Regular the short-time allowance amounts to 60 percent of the failed net earnings, for employed persons with children 67 per cent. The Federal government had decided in the Corona-crisis, however, the short-time working to increase money. From the fourth month onwards it will be increased now to 70, or 77 per cent, from the seventh month to 80, or 87 percent.

A spokeswoman for the Federal labour Ministry did not comment on Sunday on demand to in the report above details. “The talks run.” She pointed out that healing last repeatedly for an extension of short-time working rules is to be made.

dpa
Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

RXR.Lab Launches World’s First Blockchain Crowdfunding-Lottery Platform to Break the System: Lottery, Crowdfunding, and Real Equity in One

RXR.Lab Highlights: The world’s first crowdfunding and lottery platform RXR.Lab will be grand launched on…

20 hours ago

Ripple Price Analysis: Could XRP Maintain $2 As Its Key Support Level?

XRP continues to drift lower, with its price struggling to stay afloat above $2.15. After…

1 day ago

Sony Electronics Singapore Now Accepts USDC Payments via Crypto.com

Sony Electronics Singapore is now accepting payments in USD Coin (USDC) on its online store,…

2 days ago

<div>Delta Exchange: Pioneering INR-Settled Crypto F&O Trading in India</div>

In the last three months of the year, trading volumes for cryptocurrencies like Bitcoin and…

3 days ago

Pi Network’s Token Sheds 75% in Three Months as Skepticism Grows

The Pi Network (PI) has plummeted over 75% in the past three months, collapsing from…

3 days ago

Chummy Tees Review Rising Trends in the Funny T-Shirt Industry

Sonora, California, 30th March 2025, ZEX PR WIRE, As humor continues to shape popular culture,…

4 days ago