These industries are resistant to the crisis

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These industries are resistant to the crisis





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Probably the employee who is employed by an energy supplier or an insurer. Short-time work is a foreign word in these industries, even in the worst economic crisis since the Second World War. The same applies to waste water management companies and manufacturers of medicines.

The business there apparently continues unabated. Despite the contact restrictions, there is no less work there. This shows a survey of the economic researchers of the Munich Ifo Institute among companies.

Short-time work is actually used to protect jobs, but it also repeatedly proves to be a harbinger of more drastic measures. “If the loss of sales lasts longer, jobs will be completely eliminated,” says Klaus Wohlrabe from the Ifo Institute.

On average, 50 percent of companies in Germany are affected by short-time work – although it is sufficient for the statistics if this instrument is used for a small part of the employees. The Federal Employment Agency (BA) received applications for short-time work for a good ten million employees subject to social security contributions by the end of April.


The coal power dates 4 from the operator Uniper


© dpa
The coal power dates 4 from the operator Uniper


Few companies can get by without government support. This is a big difference from the financial crisis a good ten years ago. “This time you have to go to industries where there are none Short-time work there, search already, ”says Enzo Weber from the Institute for Labor Market and Vocational Research (IAB), which belongs to the BA.

He mentions agriculture, forestry and mining as other crisis-proof industries. The staff in private households are almost never sent on short-time work. However, it also plays a role that this path is blocked for people with a 450 euro mini job.

From the point of view of the labor market researcher, it is striking that the sectors that can currently do without short-time work also did so in the financial crisis. “In sectors prone to economic cycles with a collective agreement and works council Short-time work on the other hand, it is now used relatively routinely, ”says Weber.

He cites the manufacturing sector to which the mechanical engineering belongs. The situation is different in hotels and restaurants. There, those responsible often dealt with this instrument for the first time.

If the spread of short-time work is used as a crisis barometer, according to the Ifo survey, employees in the catering and hotel sectors are currently most at risk. Here, 99 percent and 97 percent of companies use short-time work. In the automotive industry, it is 94 percent of the companies.

In the aviation industry, 91 percent of companies rely on short-time work, and 90 percent of travel agencies and tour operators. It is 82 percent in the entertainment industry and 81 percent in sports.


Source: Infographic The World


© Infographic The World
Source: Infographic The World


The Ifo Institute also evaluated the results of the survey by federal state. According to this, workers in Rhineland-Palatinate and Saarland can feel most crisis-proof. So far, 39 percent of the companies there have been working short-time. Saxony-Anhalt and Thuringia followed with 43 percent. In contrast, it is 54 percent in Bavaria.

This text is from the WELT AM SONNTAG. We would be happy to deliver them to your home regularly.


Source: WELT AM SONNTAG


© WELT AM SONNTAG
Source: WELT AM SONNTAG

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