June 30, 2020 / 5:20 AM / 2 days ago

Number of German workers on short-time declines to 6.7 mln - Ifo

BERLIN, June 30 (Reuters) - The number of workers in Germany on reduced hours has fallen to 6.7 million from 7.3 million in May, economic institute Ifo said on Tuesday, pointing to a slow recovery from the coronavirus pandemic’s impact.

“The decline is rather tepid and short-time working is even increasing in some industries,” ifo said in a statement. (Reporting by Thomas Seythal Editing by Riham Alkousaa)

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