How many Germans are getting government funding for short-time work? Short-time? This is the program where you, the commercial company/business, admit that you aren't generating enough business for one-hundred employees, and put a group of them on maybe forty to eighty hours a month, instead of 160 man-hours, and they get paid 80 to 86 percent of their normal check at the end of the month. The extra money all comes from the government itself.
This came up today via ARD (public TV).
The number presently is five-million. Back at the peak period of April....it was at six-million.
Up until August, the amount of funding paid out? It went just over 8-billlion Euro. For the remainder of the year....if it holds at 5-million Germans on short-work, you can add another five-billion Euro onto account.
Going into 2021? If this were to hold to around 5-million Germans, I might go and figure 10-billion Euro. Presently, the end-date is March of 2022. So if I were adding up the revenue required....it'd be near 26-billion Euro paid to keep the program running.
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