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This article was published on Oct. 31, 2015 at 08:11.
ROME
Unemployment down again for the third consecutive month in September and goes to 11.8% with another 0.1 11.9 percent less than in August: This is the lowest level since January 2013. In the twelve months, notes the Istat, the amount of unemployed decreased by 8.1% (it They decreased by 264,000 units people looking for work) and the unemployment rate fell by one point.
By the way, in September is down (by 0.2% on the previous month) also the rate of youth unemployment (people aged between 15 and 24 years) remains stood at 40.5 percent. These are all aspects of a positive trend, immediately put out by the Prime Minister Matteo Renzi, “The Jobs Act has restored credibility internationally, but also has created opportunities and jobs,” he said. Apart from the fact that the level of unemployment in Italy is unfortunately very high, as pointed out, also yesterday, the President of the Republic, Sergio Mattarella (see article on page 8) should be said that the data provided by Istat on in September, appear a bit ‘mixed results.
The decrease in the rate of unemployment does not seem to due to higher employment. The Institute of Statistics says that after the growth recorded in the last three months (an increase of 166,000 employed between June and August) at the end of the summer the employed were 36,000 less (-0.2% ). Between employees, occurred last month a 0.1% drop pearl component indefinitely (-21 thousand) and 0.2% for the term (-4 thousand).
The monthly reduction in the unemployment rate seems therefore determined mainly by the increase in inactive. In fact, states still Istat, the estimation of inactive people aged between 15 and 64 years increased last month by 0.4 percent (it is 53,000 people in more inactive). Even in the case of youth unemployment declining in September seems explained by the increase in inactive youth, grew by 0.5% in the monthly comparison (+22 thousand units).
On the whole, however, “these data confirm that the labor market is improving, albeit slowly – notes Paul Mameli- senior economist of Intesa Sanpaolo. This is consistent with the signals come from surveys of consumers and businesses: in particular, the expectations of families on unemployment have fallen to a minimum in October in more than twenty years of recording of the series. ” But “in the perspective -adds esperto- still think that the drop in unemployment will be slow and uneven, also because it is conditioned from the large volatility of the inactivity rate, not unusual in the vicinity of the turning points of the labor market” .According Labour Minister, Giuliano Poletti, braking employment should be considered a swing physiological, because at this point the recovery “is now started and the reforms undertaken by the Government to consolidate and strengthen it.”
the unions have come instead cool comments. Thus, according to the confederal secretary of Cisl, Gianni Petteni there is a “visible, albeit slow turnaround from the 2008 crisis in 2013-14 that saw the highest point and dramatically intense of these eight years. Now- assertion must not only hold high the guard but the government must intervene in a decisive manner, confirming employment incentives, rewarding the additional employment and supporting the weak areas of the country. ” For the Uil confederal secretary, Guglielmo Loy instead ‘increasing inactivity and the cyclical decline in employment, which weighed more the decrease in permanent contracts, are disturbing elements, which can not be underestimated. ” According to the secretary general of the CGIL Susanna Camusso, finally, “it is very hard to say good passes from 41% to 40.5% of youth unemployment. We continue to be 20 points above the European average, just to give a coordinate. We lontanissmi from pre-crisis levels. “
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