Thursday, April 23, 2015

New contracts and Jobs Act: the numbers of work – TGCOM

– The number of activations of new labor contracts. Good news, much more in a period of prolonged unemployment crisis (Italy still has an unemployment rate quite high). The balance (activations-terminations) is so active in the month of March, according to the data (however temporary) of the Ministry of Labour.



 New contracts and Jobs Act: the numbers work

The balance is active for 92 299 units, against 641 572 549 273 new activations and terminations, for an increase compared to 2014 amounted to 21,540 units. Of these, the balance of the new permanent contracts is positive for 31.370 units. The combined effect of de-contribution provided for by the Law of Stability and protections increasing the Jobs Act therefore begins to show the first results: the incidence of permanent contracts amounted to 25.3% (from 17.5% in March 2014 ).

The data, not definitive and net domestic work and Pa, pitted the government go along with estimates of a few days ago of the Research Center CNA (National Confederation of Crafts and Small and Medium Enterprises). According to the CNA, in fact (on a sample of 20,500 SMEs), recruitment in March 3245 resulted in small businesses, ie 8.6% more than in the same month last year. The increase in permanent contracts, in particular, was 54.6%.

In general, however, not always new activations of contracts correspond to actual jobs. Reports completed transformed into permanent contracts were 40,034, according to the Ministry of Labour, a number anyway remarkable when you consider the transformations of 22,116 in March 2014.

To create new jobs, capable that is, to revive the labor market, it is necessary that the economy togethers momentum, exceeding at least the aftermath of the heaviest economic crisis. Italy has returned from a long recession, with repercussions on the vacancy rate, ie the percentage ratio of vacancies and the sum of vacancies and job positions occupied. The vacancy rate stood stable at 0.5% in 2014, according to Istat.

An economy in decline creates negative expectations to companies, which therefore reduces the production. So do not look for personal, nor is it possible to open new places. The trend is expected to change through a sustainable recovery and conditions more favorable to businesses in order to stimulate new jobs.

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