MILAN – The number of contracts activated in March, the month’s debut Jobs Act. These data are still incomplete and subject to audits, as explained by the Ministry of Labour that disseminated them. Meanwhile, it was found that the number of activations of new employment contracts amounted to 641 572, an increase compared to approximately 620 thousand in the same month of 2014. If we consider that in the same month terminations were 549 273, you a positive balance of 92 299 units .
Among the activations, 162 498 contracts are open-ended (in March 2014 were 108 647). In favor of the policies of the government, whereas there is in the field also decontribution for recruitment of 2015, you can probably read the rise of ‘ incidence of permanent employees , from 17.5% of 2014 to 25.3% last month. Double in fact also the transformations of time determined indeterminate: from 22,116 in 2014 to the current 40,034. The previous data of the Ministry of Labour indicated for January 165 thousand permanent jobs (at the end of 2014, business had slowed waiting to exploit the decontribution and then they ‘fired’ number of employees) and 138 thousand in February.
Returning to the activation, 381 234 are fixed-term contracts (down from 395 thousand in March of last year), 16,844 are apprenticeships (21 thousand in 2014), 36 460 are collaborations (48 491 in 2014) and 44 536 are forms of work classified under ‘other’. On the front of the terminations, those of permanent employees 131 thousand cases concern: the net balance of stable contracts is therefore good for about 31 thousand units. A slight acceleration on the previous months: in January and February were 27 thousand 18 thousand.
Sergio De Nardis, chief economist of Nomisma, said hot data stressing that “the combination of decontribution active since January and the Jobs Act from 7 March starts to look at, but it is premature to say that there has been a boost employment as a whole. ” Between 2014 and 2015, the economist adds, “the open-ended contracts have increased at a rate of 50%”, from 108 thousand to 162 thousand. “But we must recognize that a large percentage comes from the transformations of certain contracts” They are 81% more than last year, and their impact on the total time indeterminate lit up from 20.4% to 24.6%. Yes means that increase permanent contracts, but inside this voice grows the burden of stabilization in the new framework of protections growing “, which are less ‘stable’ of the past.
From the point of view quality, this phenomenon could “lead to expectations of earnings more stable and thus to positive change in the attitude of consumers,” says De Nardis. Overall, though, it takes caution in talking about a jump in employment. Comparing Today’s data with Istat series (which are based on sample surveys and with a different base), De Nardis emphasizes that “the 93 thousand more seats communicated today to March 2015 are in line with the increase of the employed traced by Istat in February and even below the levels of January. It was not until that data for a full comparison, but at the moment it is still difficult to talk about a real recovery in employment. “On the latter, in fact,” even before the rules affecting the evolution of economic activity and talking to ‘step forward’ is not yet possible. “We must not forget that – according to ISTAT – unemployment rose in February and is therefore reasonable to expect a recovery in the labor market in the next month.
From other data, produced by Istat, it shows instead that in March contractual wages have remained steadfast: last month contractual hourly wages were unchanged on a monthly basis and up 1 % compared to March 2014. For workers who are still playing the low inflation: in March prices fell by 0.1% per annum, then the variation of wages is considered to be positive in real terms by 1.1%. Overall, in the first three months of 2015, the average hourly earnings grew by 1% over the same period a year ago.
The Istat data, without the usual press briefing with the press because of a protest by employees for wage claims, yet they say that in late March the national collective agreements in force for the economic part concern 43.1% of employed employees and correspond to 39.9% of its total payroll observed. Employment contracts in the queue for renewal in March, are 40 (of which 15 belong to the government) for approximately 7.3 million employees (including about 2.9 million in the public sector). The months of waiting for the workers with the expired contract are on average 39.3, equal to more than three years, a significant increase over the same month of 2014 (27.2).
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