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Germany to launch 4-day work week amid inflation crisis

Germany is all set to launch a four-day work week from February 1. Over 45 firms in the country will try a four-day work week system for six months. This comes amid the looming inflation and the protests on January 28. The country’s construction union asked for a pay rise of more than 20% for 930,000 workers. It is also facing problems with immigration and a low birth rate, hence, German companies are facing employee shortages. With the four-day work week trial, the country not only expects work-life balance but also hopes to address inflation. However, the move has received criticism from the German Finance Minister who thinks the move will impact economic development and prosperity. Watch this video to know more

Moneycontrol News
January 29, 2024 / 20:38 IST
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Moneycontrol News
TAGS: #economic #four day work week #Germany #video
first published: Jan 29, 2024 08:38 pm

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