Dhe consequences of the corona pandemic on the German labor market are devastating. In May, for example, no fewer than 7.3 million employees were on short-time work in Germany. This is shown by exclusive calculations by the Munich Ifo Institute. “This number has never been so high,” says Ifo labor market expert Sebastian Link, looking … Read more
New York Stock Exchange Since the low point in March, the markets have grown strongly again. – (Photo: dpa) – – – – Frankfurt Blackrock boss Larry Fink and Deutsche Bank boss Christian Sewing warn against too much optimism in the Corona crisis. “The financial markets expect a lot of good news,” said Fink in … Read more
The Dax lost four percent last week. “The situation remains tense,” warns the DZ bank. “We may be in the ‘eye of the typhoon’”. Fresh economic data should provide orientation. But it is not only the virus that worries market traders. According to experts, May will be anything but a happy month for investors this … Read more
At the end of February, the Dax set off on a rapid descent. The leading German index will lose around 40 percent by mid-March. Since then he has had an impressive recovery. But appearances could be deceptive. Given the impressive recovery rally after the corona crash, investors should be more cautious again at the beginning … Read more
Dusseldorf Germany’s companies want to distribute nearly 44 billion euros in dividends for their shareholders this year and thus share in the success of the past financial year. At the same time, like Adidas, BASF, Daimler and Co., they send their employees on short-time work – so they have their employees paid by the taxpayer. … Read more
Gloomy numbers and even bleaker prospects on the US labor market are driving investors on Wall Street away again. The only bright spot for the stock market is the ongoing rally on the oil market. The drastic job cuts in the US weighed on the US stock markets on Friday. Investors preferred to cash in … Read more
DI don’t think he has unemployment statistics. This is a sentence that has been heard more frequently in Germany for several months. While the Federal Employment Agency continues to report low rates of job seekers, many people experience the reality on the ground very differently. You hear about job cuts and short-time working, know someone … Read more
– vida-Tusch: “Obligation of employees is brutal, heartless and authoritarian” Vienna. (OTS) – “Many statements made by the President of the Federation of Industrialists (IV), Georg Kapsch, in the ORF press hour prove one thing above all: they are brutal, heartless and dictatorial,” said Berend Tusch, vice chairman of the vida trade union and chairman … Read more