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| Title: FACTBOX: German parties' plans on labor market policy |
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Below is what they agreed on labor market policy, according to a coalition agreement seen by Reuters. MINIMUM WAGES The parties reject the idea of a blanket national minimum wage. Their new coalition will allow minimum wages already agreed for certain sectors to remain for the time being but will conduct a review of these by October 2011 to assess whether they threaten jobs or new hiring. JOB PROTECTIONS Existing job protection rules will stay but the parties will make it easier for companies to employ workers on temporary contracts. Labor MARKET ENTRY The parties say there must be better rules on labor market entry for non-Germans. They also want to clamp down on illegal employment. JOBLESS BENEFITS The parties have agreed that claimants of the lowest level of jobless benefits will in future be allowed to save 750 euros per year for old age before their support levels are cut -- three times the previous limit. (Compiled by Berlin bureau staff) Full article |
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| FACTBOX: German parties' plans on labor market policy |
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