Work, Istat: +242 thousand employed in the first quarter on an annual basis – Il Sole 24 Ore

Employment is growing in the first quarter of 2016, with 242,000 employees in more on an annual basis. This was communicated by Istat (after positive data in April: + 51 thousand employees on a monthly basis) pointing out that compared to the previous quarter, however, there is a “moderate increase” of 0.1%. The increase decisively increase (compared to the same quarter of 2015) “is the occupation indefinitely (+341 thousand) – says the institute of statistics in the report on the labor market – in the face of substantial stability of the completed and the fall of the independent. The increase was greater for part-time work. “

Jobs, Poletti: we evaluate structural wedge cut from 2017

This figure is particularly positive because with the 2016 Stability Law has introduced a new (and less advantageous than in 2015) form of incentive given to indefinitely assumptions. The measure of Facility provides for the reduction of social security contributions by the employer in an amount equal to 40% (within the annual limit of 3,250 euro) for two years. While in 2015 the contribution exemption was full (always excluding Inail premiums), with a ceiling of € 8,060.

Istat: unemployment goes back to 11.7% in April, but grow the employed (51 thousand +)

In The trim stable unemployment rate at 11.6%
remains stable in the first quarter of 2016 the unemployment rate, fixed at 11.6% compared to the previous quarter. The rate decreases instead of almost 1 percentage point compared to the first quarter of 2015, with a trend decline of 127,000 long-term unemployed. Down even the inactivity rate decreased slightly reduced (-0.1 points) to stand at 35.7%.

Busy : + 0.1% on the previous quarter

 

The occupation in the first quarter of 2016 amounted, net of seasonal effects, to 22 million 558 thousand persons, a slight increase from the previous quarter (+ 0.1%). The cyclical increase in employment, even Istat said, sums up the new increase in permanent employees (+ 0.5%, + 75 thousand), compared to the decrease of term employees (-2.4%, – 57000) and stability of the independent.

MARKET LABOUR: EMPLOYMENT
Thousands of units and percentage change from the previous quarter

Increase participation in the labor market

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Growth cross employment sectors
on the business side, “reinforce and extend, in cyclical and trend terms , signs of growth in labor demand, with a significant increase in both working employees and the hours worked per employee positions, also for the significant reduction of the use of the redundancy fund. ” The Mayor also noted that employment growth “tends to spread gradually to all sectors of economic activity, with a greater intensity in the service sector.” As for labor costs, social security costs continue to decline, due to the considerable contribution reduction associated with new open-ended contracts.

Labour market a slight recovery, “discouraged” return to seek an opportunity

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in April, 51 thousand employees in more
the summary of the first quarter data arrives after the data disseminated by Istat on the upside, relating to April: on month, is the photo taken at the end of May, there were 51 thousand people work in the plus (+ 35 thousand permanent workers with permanent contracts and autonomous + 16 thousand). An ascent is also the unemployment rate, which stood at 11.7% (+0.1 points compared to March): let’s stay away from the 10.2% registered in the EU (we fit to quint’ultimo place, ahead of Portugal, 12%, Croatia 14,6%, Spain 20.1%, and Greece, 24.2%).

INPS: less incentives, slow stable contracts

The effects of de-contribution and the Jobs Act are seen fully in the trend: in the twelve months the number of employees grows to 215 thousand units (+ 279 thousand permanent, -21mila term employees, self -43mila); the share of jobless fell by 3% (-93mila people) and inactive are contracted by 2.1% (equal to 292 thousand “discouraged” less). Among young people (under 25 years), the unemployment rate remains at high levels (36.9%, but in a year will be reduced by 4.5 percentage points – although on the month grows 0.2 points). Euro in the rate of under-25s without a job is 21.1%; Italy, with 36.9%, falls to fourth from bottom, beaten by Croatia (38.9%), Spain (45%), Greece (51.4%, but the data is updated in February 2016) . We remain distant from the top of the class, ie Germany (7% of youth unemployment), Malta (8.9%) and Czech Republic (9.5%).

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