Employment accounts for main income source for half of Germans

Source: Xinhua| 2019-07-11 22:29:59|Editor: Wu Qin
Video PlayerClose

BERLIN, July 11 (Xinhua) -- Employment was the "main source of livelihood" for almost every second German in 2018, the Federal Statistical Office (Destatis) revealed on Thursday.

About a quarter of the German population was living off the income of relatives such as spouses or parents, according to the statistical office.

The "importance of own employment as the main source of income" had increased compared to 2000, when the share of Germans who lived from their own income stood at only 41 percent, Destatis said.

In contrast, the number of Germans who relied on the income of family members or spouses had declined from 30 percent in 2000 to 24 percent last year, according to Destatis.

The "higher labor force participation, especially of women," who could live off their own income more often and would be less dependent on the income of relatives, was a main reason for this decline, the German statistical office noted.

In 2018, pension payments were the main source of income for 22 percent of the German population while 7 percent received public benefits such as unemployment benefits, training assistance or parental allowances.

For less than 1 percent of Germans, the main source of income last year was their own assets such as savings, interest and proceeds from renting and leasing.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001382187261