Berlin (dpa) – Environmental protection and sustainability are also trendy when it comes to investments

Berlin (dpa) – Environmental protection and sustainability are also trendy when it comes to investments

The fact that there is more unemployment in many industries is due "the force of the economic shock". Almost all industries are affected. News blog on the Corona crisis: Current information is required from "Maybrit Illner": VW boss: ” Get the system going again now ” Climate crisis in Corona times: ” Stuck in more than just one crisis ”

On the other hand, a more favorable course would result if a rapid opening of the economy – including worldwide – with appropriate rules for health protection turned out to be a viable option, believe the Nuremberg researchers. This would also be the case if a vaccine or an effective treatment method were unexpectedly quickly available.

Sources used: dpa news agency

Erfurt (dpa) – According to debt advisors, the tense housing market in many German cities could bring more and more households into payment difficulties.

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Even households with middle incomes could hardly build up reserves for unforeseen bills or repairs due to increased housing costs, said the Federal Working Group on Debt Counseling.

"The high housing costs themselves are a risk of over-indebtedness"said managing director Ines Moers. "And people who are already in debt are particularly disadvantaged."

At their annual conference in Erfurt, the board of directors and the regional council of the federal working group want to present a number of demands to politicians and rental companies on Wednesday (May 15). Among other things, they would like the award of rent-linked, state-subsidized social housing no longer to be made dependent on the submission of information on creditworthiness.

"The biggest problem for over-indebted people on the housing market is that they no longer get anything as soon as they have a negative Schufa entry"said Moers.

The federal working group for debt counseling mostly represents people who work for non-profit debt counseling centers in Germany. According to her, there are no statistics on all German households with rental debts. But surveys – for example by the German Caritas Association – show that many Germans are worried about high housing costs. In metropolitan areas in particular, there is growing dissatisfaction with rising rents. In Berlin, for example, a referendum was launched on the expropriation of large housing groups.

Washington (dpa) – The unemployment rate in the USA has increased significantly as a result of the Corona crisis. It climbed from 3.5 percent in the previous month to 4.4 percent in March, as the US government announced on Friday.

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The number of employees has decreased by 700,000.argumentative essay topics on psychology The effects of the epidemic were particularly noticeable in the hotel and hospitality industry, where 460,000 jobs were lost.

However, due to a delay in collecting statistics, the new data paint a too rosy picture. The most recent escalation in the labor market is only reflected to a limited extent: Initial jobless claims have skyrocketed to around 10 million since mid-March. Experts therefore assume that the unemployment rate could actually be 10 percent or even higher.

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The rapid spread of the novel coronavirus Sars-CoV-2 has brought public life to a standstill in large parts of the USA. Around three-quarters of the approximately 330 million Americans are now subject to exit restrictions imposed by states. Many shops are closed, restaurants and hotels remain empty, and countless trips have been canceled. Many employees of closed companies have to apply for unemployment benefits.

Many employees of closed companies therefore have to apply for unemployment benefits. Dismissals can usually be made much faster in the USA than in Germany, for example. In the USA, there has so far been no regulation such as short-time work allowance to stabilize it in crisis situations.

With an economic stimulus package, with which the US Congress wants to pump around 2 trillion dollars into the economy, the previously very limited unemployment benefits were expanded last week. Now employers should also be able to take employees off for up to four months instead of dismissing them. During this time, the state would pay for the salary. However, the new regulation has hardly had any impact on the latest data from the labor market.

In February – before the virus spread rapidly in the US – the unemployment rate was still 3.5 percent, the lowest level in decades. The US economy was booming, and highs were reported on the stock market. President Donald Trump, who is running for re-election in November, boasted of his successful economic policies. But the corona virus ruined the good prospects. Meanwhile, Trump promises that the economy will be back after the epidemic ends "like a rocket" take off. However, many analysts expect a slow recovery.

The full extent of the economic upheaval of the coronavirus pandemic for the USA cannot yet be foreseen. Nevertheless, many analysts are now expecting a dramatic slump in the second quarter and a recession for the whole year.

According to researchers from the University of Johns Hopkins, there were around 250,000 confirmed infections with the novel coronavirus in the United States by Friday morning (local time). More than 6,000 people have died as a result of the virus-induced disease Covid-19.

Berlin (dpa) – Environmental protection and sustainability are also trendy when it comes to investments. A total of 219.1 billion euros were invested in this segment in Germany in 2018.

From January 2021: These health insurances increase the additional contribution New resolution: Costs for courts and lawyers increase Insurance coverage: Liability policy is essential Stiftung Warentest: Basic account is often expensive Christmas in lockdown: Quick gift: Pay attention to deadlines for vouchers

That is more than 48 billion euros more than in the previous year, as the Forum Sustainable Investments (FNG) found in its 2019 market report. This corresponds to an increase of 28.2 percent.

This development was primarily driven by investment funds and mandates. The assets managed here increased by more than 41 billion euros to a total of 133.5 billion euros by the end of 2018. This corresponds to an increase of around 45 percent. However, there was also growth in customer deposits from banks with a sustainability focus, which rose by around 8 percent to 38.6 billion euros.

According to the FNG, exclusion criteria are the most widespread among the investment strategies used in the context of sustainable investments. Almost 128 billion euros were managed using appropriate criteria. Above all, attention was paid to compliance with labor rights, the fight against corruption and bribery, and respect for human rights. The consideration of climate aspects is also gaining in importance.

Often a problem for consumers: There are no binding criteria for sustainable investments. The term is not protected, explains the Bremen consumer advice center on the Geld Bewegt portal. Each provider can therefore understand something different. Not everything that is called sustainable or climate-friendly deserves this name.

In order to be able to assess whether the investment corresponds to their own understanding of sustainability, investors must therefore be well informed about which criteria are used and which industries or companies are being invested in.

Karlsruhe (dpa / tmn) – An authority may not simply revoke funding from the placement budget for training. This is only possible if it has previously checked according to its discretion whether a milder means than revocation is not an option.

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The Social Law Working Group of the German Lawyers’ Association (DAV) refers to a corresponding decision by the Social Court in Karlsruhe (Az .: S 11 AS 1458/17).

In the specific case, it was about training a pilot to become a flight instructor. The pilot received a so-called funding from the placement budget of around 8,000 euros. The funding amount was paid to the account of the pilot training center. The approval was linked to the requirement to provide evidence of certain certificates by a specified period.

After this period, the pilot training center informed the authority that the pilot had not fully completed the courses. This objected that he had not been able to complete the courses due to weather conditions, among other things. He then received another deadline extension. After the expiry, the pilot announced that he had now started a job in Bulgaria. The authorities thereupon revoked the approval and demanded full reimbursement of the funding amount.

The man complained against this – with success. According to the judges, he did not meet the requirement, so that the prerequisites for a revocation existed. However, the authority has a margin of discretion that it has not exhausted. You have not checked whether a new deadline for compliance with the conditions should not be set as a milder means compared to the revocation.

Düsseldorf (dpa) – Although the minimum wage in this country has recently risen, Germany lags significantly behind other EU countries. That is the result of the international minimum wage report published by the union-affiliated Institute of Economics and Social Sciences (WSI) of the Hans Böckler Foundation.

Verdict: Tennis teacher with a broken wrist is unable to work From January: Prevention instead of omission in the event of occupational diseases School and daycare too: Compensation for parents in the event of loss of earnings Survey: Many employees remain productive before Christmas Snacking allowed: With these tricks you can eat healthily in the home office

"Germany introduced the minimum wage fairly late and at a relatively low level", said tariff expert Thorsten Schulten, who was significantly involved in the evaluation. "That is still the result of this development."

The minimum wage in Germany only rises by 1.7 percent

While the lower limits in the 21 EU countries and Great Britain, in which minimum wages apply, recently rose by 6 percent, Germany is significantly lower with an increase of just 1.7 percent. If you take the effect of inflation out of the equation, minimum wages rose by 4.4 percent across the EU and by 0.3 percent in Germany. The German minimum wage was introduced at the beginning of 2015 at 8.50 euros per hour.

With the minimum wage of 9.35 euros, which has been in force since the beginning of the year, Germany is currently in seventh place among those EU countries that have a minimum wage – behind the front runner Luxembourg (12.38 euros), but also behind France, the other Benelux countries, Ireland and Great Britain.

Unions are demanding a minimum wage of 12 euros

In the meantime, the subject of the minimum wage has also made it onto the agenda of the EU Commission, which wants to campaign for an EU-wide regulation. This is not about a uniform wage, as the cost of living in the member states is very different. Instead, it could amount to binding standards.

Experts see a minimum wage that is below 60 percent of the median wage in a country as a risk of poverty. According to the WSI study, Germany’s minimum wage is currently 46 percent of the median wage.

"An EU-wide adjustment could lead to a substantial increase in wages"says Schulten. Calculated in Germany, this would lead to a minimum wage of 12 euros, as demanded by the SPD and trade unions.

Frankfurt (dpa) – One year after the introduction of the third gender category "diverse" So far, hardly any corresponding applications have been received by major German corporations.

Verdict: Tennis teacher with a broken wrist is unable to work From January: Prevention instead of omission in the event of occupational diseases School and daycare too: Compensation for parents in the event of loss of earnings Survey: Many employees remain productive before Christmas Snacking allowed: With these tricks you can eat healthily in the home office

"That does not surprise me", said lawyer Friederike Boll, who regularly represents victims of discrimination in this area, the German press agency. Since the beginning of 2019, intersex people have been in the category "diverse" can be entered in the birth register, employers must also formulate their job advertisements in a gender-neutral way – for example with the abbreviations (m / f / d).

Many companies have not yet received a single application in the third category, as a survey by the German Press Agency has shown. These include the pharmaceutical company Bayer, the Essen energy company Eon, Deutsche Bank and Vodafone. Other companies state that they do not record gender, such as Commerzbank or Continental Insurance. "It is to be welcomed if the gender category is poorly recorded", says lawyer Boll.