[Stabilising Effects of Short-Time Work During the Corona Pandemic in Germany]

During the Coronavirus pandemic, short-time work and other relief measures have stabilised various industries in Germany, particularly the hospitality sector. Short-time work safeguards not only threatened jobs but also lessens income losses that would occur if jobs were lost. Moreover, a stabilising role for the income situation and public support for crisis management policies are also favoured by income top-ups of short-time workers, especially in companies that are covered by collective agreements.