Istat, salaries steady in May: + 1.1% annual growth – The Messenger

The labor market confirms signs of stagnation, revealing little dynamic especially in terms of contracts. According to the latest ISTAT figures, the contractual hourly earnings were unchanged from the previous month and increased by 1.1% compared to May 2014. In total, in the first five months of the year the average hourly earnings grew by 1, 1% compared to the same period in 2014.

The sectors in May are the major trend increases are: agriculture (4%), energy and mining and mineral oils (3%), rubber, plastic and non-metallic mineral processing ( 2.8%). Recording variations void in all sectors of the public administration and in the food, beverages and tobacco.

Among the contracts covered by the survey, in May was implemented one accord and no one came to deadline. In late May, the share of employees in the queue for renewal is of 40.3% in the total economy and by 22.9% in the private sector. The pending renewal for workers with expired contract is on average 51.2 months for all sectors and 33.7 months for those in the private sector.

 24 June 2015 10:25 – Last Updated: 11:05

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