Hartz IV loans for students with no Job

According to the German students to work more than two-thirds of all students working on the side. In supermarkets, cafes, Bars or other public body. However, currently many of these activities, which serve approximately 60 percent of the funding for the study from fall. With the closure of Restaurants and co. in the course of the Corona-pandemic important sources of income way to break the students.

to protect you from financial fiasco, there is now the possibility to apply for unemployment benefits II Hartz IV. So far this money only when you made a break from the study and use of the hardship clause in § 27, paragraph 3, of the SGB II made. However, it is not a grant but a loan that must be repaid at a later date.

This fact meets with the Secretary General of Deutsches Studentenwerk Achim Meyer auf der Heyde, on a lack of understanding. If it were up to him, so would have to be converted from the hardship of a rule, and loans into grants. He also makes for a “transitional arrangements for six months in the Bafög” that the existing infrastructure could be used to help in the Form of a mixture of grant and loans to students under the arms (Handelsblatt).

wholesale market chain Metro opens for all

In Mecklenburg-Vorpommern, opened the German wholesale company Metro five of his 103 wholesale markets (Wolgast, Greifswald, Wismar, Neustrelitz and products ) for private clients. What started as an Initiative for the difficult pandemic period, could make country-wide school. The most important prerequisite is, however, that the respective States give the green light. Because in the stores of the chain actually only commercial customers such as restaurateurs, Hoteliers, or the Kiosk may shopping-operator, and to reduced tax rates.

According to n-tv, the company wants to make with this step, “a contribution to the increased need for primary and local amenities offered to the consumers in the Corona-to-ceiling crisis”.

Every third Manager is afraid to lose the job

Also, leaders are not immune to the economic effects of the Corona pandemic. On the contrary, short-time work, lack of jobs and significant revenue losses as well apprehensive due to concerns about how their employees. This is the result of a representative B2B survey by YouGov, commissioned by business week.

529 business decision-makers were Interviewed in the period from 19. and 25. March. Therefore, every Second entrepreneur is afraid of Corona have related to loss of revenue, every third fear even their own job loss. Because 12 percent of the companies surveyed are already struggling with Coronavirus infections in their workforce, which is why short-time working or temporary production had to stop to be implemented. Nevertheless, 75 percent of respondents think it is unlikely that your company goes bankrupt.

This article from MONEY editor

*The contribution of “Hartz IV loans for students without a Job, wholesale market chain Metro open for all, Every third Manager is afraid to lose the job” was written and published by LOOT. Contact with the executives here.

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