US News More insolvencies in March

14:10  08 april  2021
14:10  08 april  2021 Source:   t3n.de

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In Germany, the number of bankruptcies in March has risen stronger than in February. 870 people and corporations and thus 20 percent more than in the previous month were reported as insolvent.

Die englische Aufschrift „Store Closing“ und der Zusatz „It’s time to say Goodbye“ steht auf dem Schaufenster eines geschlossenen Geschäfts in der Oldenburger Innenstadt © Hauke-Christian Dittrich / DPA The English inscription "Store Closing" and the addition "IT's Time to Say Goodbye" stands on the shop window of a closed business in the Downtown Oldenburg

, almost the level of the same period of the previous year had been reached, said that Leibniz Institute for Economic Research Hall on Thursday with.

The analysis shows that the largest ten percent of companies, for which bankruptcy was filed in March, worked together almost 8,000 people. This lies the number of jobs concerned at about the level of the previous year, but also well below the highest sands of the past summer.

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 Danger of skilled workers: Pandemic brakes Kölner Training Market The Corona pandemic has missed a damper to the Cologne training market. In the first six months of the consulting year, the number of applicants fell by 9.4 percent, the number of reported training centers decreased by 17.1 percent. © dpa A trainee hides on a workpiece "Less applicants and fewer places has been the trend for several years.

Since February, a strong increase in the bankruptcies of micro-enterprises and self-employed persons interpreted, the economic researchers continued to inform. The cause is due to the pandemism. Furthermore, one since the beginning of the year facilitated access to the residual debt exemption could also play a role for self-employed. According to the IWH, this change of law reduces the negative consequences of insolvency for those affected.

For its analyzes, the IWH is evaluating its own statements of the insolvency advertisements of the German register courts and links them with account code figures of the companies concerned.

inflation in March at 1.7 percent .
of the price range in Germany has further accelerated in March. The inflation rate was 1.7 percent, as the Federal Statistical Office announced. © Ole Spata / Picture Alliance / DPA Especially for energy consumers had to pay more than a year earlier in March 2021. This was the price of inflation after leaving the VAT reduction at the end of 2020, the third month in a row in the plus and continued to increase. In February, 1.3 percent had been measured.

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