All articles for: short-time-compensation
July 17, 2023 | International perspectives on applying short-time work during the Covid-19 crisis
“At the peak of the Covid-19 crisis, short-time work covered one in five jobs across the OECD – ten times more than at the height of the global financial crisis”
Jutta Winters
Alexander Hijzen, a senior economist at the Organisation for Economic Co-Operation and Development (OECD), gives an overview of the country-specific application of short-time... Read more
June 27, 2023 | International perspectives on applying short-time work during the Covid-19 crisis
“Short-Time Compensation is underutilized in the United States”
Jutta Winters
During the Covid-19 pandemic, governments around the world responded with a variety of labor market policy tools to prevent job losses. The United... Read more
March 8, 2023 | Consequences of the COVID-19 Pandemic
“Extended coverage and benefit duration boosted the role of short-time work in Italy during the Covid-19 crisis”
Jutta Winters
In many European countries, short-time work proved to be a strong measure to combat massive layoffs during the Covid-19 pandemic. In the case... Read more
February 28, 2023 | Consequences of the COVID-19 Pandemic
“Short-time work proved to be a highly effective instrument in times of crisis.”
Martin Schludi
In Germany, short-time work has played a crucial role in stabilising the labour market both in the financial and the coronavirus crisis. At... Read more