Daily Times

Daily Times

Daily Times
Home |  RSS | Archives | Company Financials | Contact Us | Saturday, May 23, 2009 

Main News
National
Islamabad
Karachi
Lahore
Briefs
Foreign
Editorial
Business
Real Estate
Sport
Infotainment
Advertise


Sunday Magazine

 

Google


 
Sunday, April 20, 2008 E-Mail this article to a friend Printer Friendly Version

Share this story!  del.icio.us digg Reddit Furl Fark TailRank Ma.gnolia NewsVine Simpy Spurl 

More than one in five paid ‘low wages’ in Germany: report

FRANKFURT: More than one German in five works in the “low wage” category, a slightly higher rate than in Britain but below that in the United States, a press report said Friday.

The left-of-centre Frankfurter Rundshau quoted researcher Gerhard Bosch as saying the trend was “worrying.”

“The conclusions for Germany are worrying,” said Bosch, who is director of the Institute for Work, Skills and Training (IAQ) at the university in Duisburg-Essen.

The IAQ participated in a study carried out in Britain, Denmark, France, Germany, the Netherlands and the United States.

In Germany, the number of people considered to be earning low wages increased from 15 percent to 22 percent over the past 10 years, reaching a total of 6.5 million people. The rate for Britain was 21.7 percent while in the United States, 25 percent of workers were categorised by the study as low-wage earners. Denmark showed the lowest level at 8.5 percent. The IAQ also fond that Germany had “extremely low salaries, less than five euros (7.95 dollars) an hour,” that were paid to around two million people, the press report said. “We did not expect such an unflattering result for Germany,” it quoted the IAQ study as saying. afp

Home | Business


Share this story!  del.icio.us digg Reddit Furl Fark TailRank Ma.gnolia NewsVine Simpy Spurl 
Cement exporters eye $400 million mark
PSQCA claims Rs 350m dues from cement makers
PDL on POL products sale to govt departments increased
SOMCs urge for changing oil pricing formula
Financing in CFS MK-II upbeat
Qatar to invest $5bn, Jordan to sign FTA
PC to initiate construction of two dams in Balochistan
New berths, terminals planned for all ports: Qamar
‘Govt should modify, not scrap previous policies’
BankIslami’s Board approves Shariah compliance review
Punjab procures 267 metric tonnes of wheat
ABC demands abolition of FED, simplification of taxation procedures
Rising grain prices to benefit European growers
Commodity prices keep moving upward touching record highs
Fine lint remains in demand at KCA
Industrialists urged to start business in Sialkot
Dollar up slightly vs euro
Rupee takes heavy beating vs dollar
Iran says oil price too low at $115 a barrel
FPCCI, ACCI enter accord to form PACCI
FBR changes tobacco threshing rules
KSE maintains record-setting trend
Lahore stock remained bullish with low turnover
Investment in ISE declined by 35.13% over last week
Philippine market seen following Wall Street
Thai share prices set to rise on earnings
Asian stock markets to remain exposed to external risks
Australian shares tipped to rise as worries over
Japanese investors brace for earnings flood
Wall St upbeat amid earnings season
Kuwaiti stocks end week at record high
Deutsche Boerse shares slide looking overdone
Spain announces $15.8bn economic stimulus plan
Farm trade dispute threatens overall WTO Doha deal
AT&T; plans to cut 4,600 jobs or 1.5% of its work force
Bush urges passage of Colombia free trade deal
World tourism chiefs in Dubai to plot strategy for industry
More than one in five paid ‘low wages’ in Germany: report
Tough times play to Google’s strengths: analysts
 
Daily Times - All Rights Reserved
Site developed and hosted by WorldCALL Internet Solutions








B2B Marketplace
A B2B Directory for Wholesale Products. Pakistan B2B Trade