Wednesday, December 28, 2016

Increasing employment, but the thrust of stable contracts go to the low – The Republic

MILAN - A continuous growth from the beginning of 2015, mainly due to the favourable conditions that have involved the hiring of permanent workers, which has stabilised in the last quarter. It is the dynamic of the Italian labour market that emerges from the joint note published by the Ministry of labour, Istat, Inps and Inail: a document that follows an agreement signed almost a year ago to coordinate the statistical information – with different angles – are collected by all observers of the labor market in Italian.

The “note quarterly on the trends in employment” clarifies that “the data from different sources highlights that in the third quarter of 2016, the overall level of employment had increased on an annual basis, and has substantially stabilized at the level of the economic”, that is, in the variation on the second time of the year.

To explain the improvement on an annual basis, we think the employee: according to the mandatory Communications of the Ministry of Labour, reworked for the occasion, you can assess 543mila positions more in the middle of the third quarter of 2016 compared to 2015. In this context, great importance should attribire “the increase of working positions indefinitely”, which, as known, have benefited from the tax reductions for the whole of 2015, later reduced in 2016. According to the mandatory Communication, there is talk of 489mila more seats on the third quarter of 2015. “This increase was particularly significant and concentrated in the quarters at the turn of 2015 and 2016″, notice the statistics, “was such as to induce long-lasting effects, drag-and-drop also in the subsequent quarters”.

with regards To the economic dynamics, emerges with greater strength as it has gone low on this push of the time undetermined. On the whole, in fact, the positive balance is 93mila jobs, but “the cyclical rise in employee jobs encountered in the third quarter on the basis of statutory reports re-elaborated is the result of 83 thousand positions for a definite time, and 10 thousand full-time jobs. In particular, the positions of fixed-term employment are back growing after the resizing of the second quarter of 2016″. Also to mention – always on the basis of the economic – the drop in employment for young people between 15 and 34 years, that mark -55 thousand employed in the third quarter, while the employment rate rises for adults 35 and 49 years and there is still a sustained growth amongst the over 50.

the Other two notes are worthy of note. Among the positive news, there is “substantial decreasing trend of inactivity (-528 thousand people), associated to the increase of employees (+239 thousand) and of those seeking work (+132 thousand)”. The numbers behind which there is also a profile that is worrying, if we consider that the decrease of inactive you must also “to the overall reduction of individuals in the age range 15-64 years due to the ageing of the population.”

Among the numbers the subject of controversy these days, the highlight is still the growth of the voucher were singled out as fertile ground for irregularities and insecurity to an extreme: in the first 9 months of 2016 the vouchers sold have been 109,5 million, 34.6% more than in the same period of the previous year. The document details that the good work by 10 euros gross paid out in 2015 (almost 88 million) “, correspond to about 47 thousand workers per year for full-time and represent only 0.23% of the total cost of work in Italy. The median number of vouchers collected from the individual worker that has benefited is 29 in the year 2015, this means that 50% of the employers accessory has received a voucher for (at most) 217,50 euro-net”.

“I Am convinced that with this product we can ensure an important contribution to the improvement of the knowledge and of the analysis of the dynamics of the labour market”, commented in the letters of presentation minister Giuliano Poletti. “The use of statistical methods, advanced it allows a better exploitation of the information potential of different sources”, noted the president of Istat, Girgio Breeds, while Tito Boeri – president of the Inps – deemed it “important to note how the different sources may converge in the ability to detect the annual growth of the employment and its stabilization in the last quarter”. Massimo De Felice, head of the Inail, stressed, finally, that the new model of the reading of the data is “highly expressive and already prepared to accommodate in-depth analysis ‘for the topic’”.

Topics:
employment
istat
inail
inps
Ministry of Labour
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