German companies gradually easing off furloughs: Ifo
In July, 42% of companies surveyed were still taking advantage of the Kurzarbeit furlough scheme
The number of German companies that have their workers on shortened working hours is gradually easing, particularly in the construction, services and retail sectors, a survey by the German economic institute Ifo showed on Thursday.
In July, 42% of companies surveyed were still taking advantage of the Kurzarbeit furlough scheme, down from 46% in June and 53% in May.