Employment growth for Renzi “just the beginning”
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Data Istat, in December a increase of about 100 thousand jobs
Tags: Jobs, Matteo Renzi, Occupation, Istat
ROME – Good news on the employment front. Employed in December rebounded, growing by 93 000 units in a month (+ 0.4%), returning after two consecutive declines, to values close to those recorded in September. This was announced by ISTAT estimates, noting a rise on an annual basis, an increase of 109 000 employees (+0.5%).
Approval for these numbers was expressed by Prime Minister Matteo Renzi, who commented on the news with a tweet: “One hundred thousand jobs in the most in a month. Okay. But we’re just beginning. Italy will report to grow #lavoltabuona “.
“The increase in employment of 93,000 units – said the Minister of Labour, Giuliano Poletti – is definitely good news. Today we are faced with a different scenario, with the first months of 2015 that will mark a turning point. “
The number of unemployed in December fell to 3 million 322 thou sand, down 3.2% from the previous month, or 109 thousand units. According to ISTAT is the strongest decline since the beginning of 2011. Although on an annual basis the level is up 2.9%, or 95 000 more people looking for a job. The result is not to be underestimated, because in Italy there has been a fall in unemployment more sensitive across the EU. To confirm this are also the Eurostat data, confirming the rate (12.9%) of Istat. Downward record for the youth, which went from 43% to 42%. In Europe, the record of the unemployed is Spain (23.7% and 51.4% among young people).
As for all the eurozone unemployment is falling to 11.4% in December compared to 11.5% in November, reaching the lowest level since August 2012. Numbers also fallen for the EU-28 passing to 9.9% from 10% in November.
If Italy seems to finally get up and Europe back slowly moving, America flies. The US GDP in 2014 grew by 2.4%, the highest level for four years. A press the accelerator on the growth in the fourth quarter, as mentioned, are consumption, rose by 4.3%, the highest level since 2006. Business investment grew by 1.9%. Exports rose by 2.8%, less than 4.5% in the third quarter. The expenses of the government fell by 2.2%, while the real estate market continues to record positive performance, with residential investment rose by 4.1%, up from 3.2% in the previous quarter.
The 2.6% of GDP in the fourth quarter following the + 5% in the third quarter and 4.6% in the second quarter after contracting in the first three months of the year.
Article published January 31, 2015 – ALL RIGHTS RESERVED ©
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