Male unemployment, but Istat and Bank of Italy are optimistic – AGI – Agenzia Journalistic Italy

20:43 April 30, 2015

(AGI) – Rome, April 30 – The recovery is struggling to take its toll on the labor market and in March the unemployment rate back to 13%. At the same time, Bank of Italy and Istat estimate a favorable evolution of GDP that will manifest ‘next year with less shyness. But returning to the labor market, after the declines in December and January and the slight increase in February, the figure calculated by ISTAT and ‘grew by 0.2 percentage points more. This is the level most ‘high unemployment from 13.2% in November last year. The jobless increase on a monthly basis by 1.6% (+52 thousand).
In the twelve months the number of unemployed and ‘increased by 4.4% (+138 million) and the unemployment rate of 0 , 5 points. In a month the employed decreased by 59,000 units ‘, returning to the level of April 2014. Compared with March 2014, employment and’ instead of falling 0.3% (-70 thousand) and the employment rate of 0 , 1 points.
The bad news of the labor market also affect young people. Among the aged 15-24, the unemployment rate on total assets (employed and unemployed) and ‘amounted to 43.1%, up 0.3 percentage points from the previous month. In March, the number
of occupied and ‘decreased compared to February both for the male component (-0.4%) and, to a lesser extent, for females (-0.1%). The male employment rate is 64.5%, and ‘fell by 0.2 percentage points, while that of women, 46.7%, and’ remained unchanged. Overall, in terms of trends, among men it is a decline in the employment rate (-0.2 points), against an increase in the unemployment rate (+0.2 points) while the rate of inactivity ‘and’ left . For the female, the growth in the unemployment rate (+0.9 points) and ‘accompanied the decline in the rate of inactivity’ (-0.5 points) and a slight drop in the employment rate (-0.1 points ).
“The unemployment numbers,” said the general secretary of the CGIL, “and say exactly what ‘the emergence of the country: then May 1 can not’ to be directed to look at the job as the need ‘ crucial. It should be the daily obsession of our government but I do not think that this is the big issue. ” But to Istat also allow a critique of the Jobs Act, “confirms once again that clear rights does not create jobs,” urges the CGIL.
Cautious and ‘instead of the replica of the Minister of Labour, Giuliano Poletti. “The figures released today by ISTAT,” says, “should be read in an overall picture where positive signs intersect with critical elements’ of a typical economic situation still not stabilized.”
Meanwhile, good news on the growth that is fueled by the estimates of the Bank of Italy and Istat. Italian GDP will return ‘to grow in the first quarter of 2016 despite the less encouraging recent data on economic trends, said Giorgio Gobbi, Head of the Stability’ Financial Bank of Italy commented on the report on the stability ‘of the financial’ institution. And they say to Istat, in the monthly note on economic, that “the composite indicator forerunner of the Italian economy showed a favorable evolution, being positive for the fourth consecutive month, confirming the signs of improvement in support of ‘activities’ in economic activity during the first half’ of the year. ” (AGI).