Friday, July 31, 2015

In June compared to May -22mila occupied. Unemployment rose to 12.7% – Il Sole 24 Ore

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This article was published on July 31, 2015 at 10:19.
The last change is the July 31, 2015 at 12:35.

The exploit in April does not repeat itself: even in June the employed fell by 0, 1% (after falling 0.3% in May), 22 thousand less than in the previous month. Especially young people employed between 15 and 24 fell by 2.5 percent. The employment rate down 0.1 points on May, reaching 55.8%. Compared to June 2014, employment was down by 0.2% (-40mila units), while the rate appears unchanged. Have monthly data Istat to reveal even a picture of lights and shadows for the Italian labor market.

Unemployed: + 55 thousand on May + 85 thousand of June 2014
On a monthly basis, the number of unemployed has increased by 1.7% (55 thousand) and of 5.2% if you look only at young people (+ 34 thousand). Above all, the unemployment rate – which had fallen by 0.2% in April and had remained steady in May – increased by 0.2 percentage points to 12.7 percent. In the twelve months the number of unemployed has risen by 2.7% (85 thousand) and the unemployment rate by 0.3 points. But “the increase in the number of unemployed in the last 12 months – says Istat – is associated with an increase in participation in the labor market, as witnessed by the reduction in the number of inactive.”

Inactive down: -18mila last month
A reduction undeniable: inactive people between 15 and 64 years last month declined by 0.1% (-18mila), resuming the trend started earlier this year that it was interrupted in May. The inactivity rate amounted to 35.9%, down 0.1 percentage points compared to May. If you look at twelve months, the inactive are at least 131 thousand (-0.9%) and the inactivity rate was down by 0.2 points.

Poletti “fluctuation typical of the recovery”
If the opposition, Forza Italy in Sel, rages attack the government and spoke of “dramatic figures », he is the labor minister Giuliano Poletti to provide a more reassuring:” The June numbers confirm that we are dealing with data subject to the fluctuations that characterize a stage when the economic recovery begins to manifest itself. ” “The employment rate remains substantially unchanged,” adds Poletti, that “basically, we can say that 111 thousand workers, technically employed but employees at zero hours today have returned to work full-time.” A figure derived from data on CIG, passed “from 475 million authorized in the first half of 2014 of 365 million hours authorized in the same period of 2015, a decrease of 30.3% on an annual basis. Hours actually used Cig (draw) in the first quarter 2015 amounted to 93milioni (40% of the total authorized) corresponding to 159mila standard work units. In the same period last year the hours used amounted to more than 158milioni corresponding to 270 thousand units of labor standards. ”



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