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- Short-time working or short time (in German: Kurzarbeit) is a governmental unemployment insurance system in which private sector employees agree to or are forced to accept a reduction in working time and pay, with the state making up for all or part of the lost wages.Several European countries operate short-time schemes to limit the impact of recessions on the economy and on employees. Their intent is to enable companies to avoid layoffs or bankruptcies during a recession because of the state's wage subsidies. Short-time programs have notably been used as an instrument against the COVID-19 recession in 2020.
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"kurzarbeit." Anagrams.net. STANDS4 LLC, 2024. Web. 12 May 2024. <https://www.anagrams.net/kurzarbeit>.
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