Loss of income: Corona drives down gross wages

Wiesbaden (dpa) – The corona crisis also affected the gross income of employees in Germany in the second quarter.

In particular, the widespread use of short-time work and the resulting reduction in working hours (-4.7 per cent) put pressure on gross income, as the Federal Statistical Office in Wiesbaden reports.

Revenue was down 2.2% from the same quarter a year earlier. However, the partial unemployment benefit of the people concerned made up for a large part of the loss of net income. In terms of hours worked, gross earnings in the second quarter were even 2.6% higher than a year earlier.

The economic sectors of accommodation (-18 percent), automobile manufacturing (-17 percent) and travel agencies (-15 percent) were particularly affected by the drop in revenues. Here, the working hours are well above average. According to the statistics office, the other sectors concerned are aviation, gastronomy and retail.

Related:   Johns Hopkins University: Researchers: Over 20 Million Corona Infections Worldwide - Germany & World

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