Germany Records Historic Low in Overtime Hours
New data reveals a significant decline in both paid and unpaid overtime, with shifts in employment trends reshaping the labor market.
- Overtime hours in Germany have fallen to their lowest levels, with workers averaging 3.3 paid and 3.9 unpaid overtime hours in Q3 2024.
- Since the pandemic, overtime per worker has dropped by over a third, attributed to changes in employment structures and work arrangements like flexible schedules and time-off compensation systems.
- The labor market shows a growing divide, with 100,000 fewer full-time jobs and 200,000 more part-time roles compared to last year.
- The number of workers holding second jobs has risen by 1.2%, with nearly one in nine employees now engaged in additional employment.
- Industrial sectors face challenges, including job cuts and increased short-time work, while sectors like education, healthcare, and social services experience growth.