Corona-crisis: Nearly 50 percent of the Independent savings of probing had to

In Germany, suffering according to a study by the self-employed strongly by the consequences of the corona crisis, while Employees have only suffered comparativ

Corona-crisis: Nearly 50 percent of the Independent savings of probing had to

In Germany, suffering according to a study by the self-employed strongly by the consequences of the corona crisis, while Employees have only suffered comparatively little loss. 66 percent of the self-employed have seen in the crisis, declines in revenue, according to the Ifo-Institute in Munich on Monday on the Basis of the first results of a study. Almost half of the self-employed (46 per cent) had to make use of, therefore since the beginning of the Corona-crisis private savings, the negative consequences for your business to mitigate.

More than half (61 percent) of the self-employed are not or only to a limited extent, were able to take in during the pandemic of your work. As is clear from the survey of 30,000 respondents in June, more shows, 26 percent of the self-employed, state aid, and 16 percent of tax payments and deferred advance payments. Money from Relatives or friends have borrowed 9 percent, and 5 percent were unable to pay operating bills.

Weekly working hours among employees hardly

fell, However, a very different picture emerged for the employees. The large majority of 78 percent of the workers, employees and officials could work according to the study, in the Corona-crisis up to June continuously. In this period, the weekly working hours had decreased, only 18 percent of employees.

"For 80 percent of the workers, salaried employees and civil servants has not changed the salary or the salary due to the Corona-crisis," it said. In General, 10 percent of them were in the survey are very concerned that they will bring the Corona-crisis in financial difficulties. Worried those whose household is a net dropped income since February, the workers in short-time work, as well as the workers and the self-employed.

"In the case of the self-employed has it taken, in particular, the single-parent women", soClemens Fuest, President of the ifo Institute. "85 percent had to limit their activity or setting. In the case of the employees, however, low-income earners had to plug, primary school graduates, and workers at most of the back. These groups should be the focus of further policy actions.“

Updated Date: 13 July 2020, 10:19

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