Wednesday, March 16, 2016

The effect of cutting of relief: the new times undetermined -39.5% in January – The Republic

MILAN – That the boom in open-ended contracts recorded last year was driven from the incentive of the government, which has cut the contributions paid on new stable contracts, was well known among insiders. Today INPS data, which give a first look at 2016, certify that feeling: in the first month of the year openings indefinitely contracts were just under 107 thousand, a decrease of 39.5 % compared to that recorded in January 2015. from this year, in fact, the de-contribution has been reduced to 40% with the new law of stability, and its duration has been cut from three to two years. Assumptions have also been affected as a whole: also considering futures and apprentices, new labor relations were 406mila and fell by about a quarter compared to January 2015.

To make at least partly counterbalanced by these indications that there is a slowdown, there is a contraction of the closures of contracts: -19% on January 2015 overall, -14% for an indefinite period. The INPS, considering activations and terminations, can in any case take note of a positive monthly balance A total of 112 thousand contracts, which increases to about 38 thousand for the sole indefinitely. These are numbers marked slowdown compared with 166 thousand new contracts in January 2015, when it recorded a positive balance of 90 thousand permanent contracts. The same Institute notes the slowdown in flows following the cut incentives and recalls that “in December 2015 was the last month to qualify for the exemption and three-year were recorded in that month about 380,000 of established working relationships (activated or processed) with contribution exemption, nearly four times the average of the preceding 11 months (106,000) “. And ‘as if in January 2016, therefore, was on average returned with the year before, except for the start and end of peak period. We must then wait for the next survey to see if indeed there is employment growth and is vital to the structural economic recovery, not only for the encouragement it receives.



January
NET CHANGE OF EMPLOYMENT *
BE IN THE MONTH OF JANUARY OF THE YEARS 2014, 2015 AND 2016
TOTAL EMPLOYMENT 2014 2015 2016
(+) new working relationships ** 500 460 526 431 406 612
( -) Terminations of labor relations 356 283 360 012 294 201
Net change 144 177 166 419 112 411
EMPLOYMENT FOR AN INDEFINITE PERIOD 2014 2015 2016
(+) New labor relations 156 143 176 239 106 697
(+) Transformations indefinitely forward relations 58,229 43,445 41,221
(+) Apprentices processed indefinitely 8021 9034 8,876
(-) Terminations 143,048 138 667 119 075
Net Change 79 345 90 051 37,719

source: Observatory on precarious INPS
* were detected all enabled working relationships in the period, even those headed by a single worker with regard to all types of employment, including temp work and intermittent work. ** This figure does not include the new reports conversions of fixed-term relationships and the transformation of apprenticeship ratios.

Observatory INPS also emerge the final data for 2015, which are based on mandatory reports of companies and perfected, then with those arriving in early 2016. Well, last year the total number of recruitment was to 5,530,000: 655,000 more than in 2014 (+ 13%). Recruitment indefinitely increased from 1.2 million in 2014000000 to 1.93000000 year later, +660,000 units (+ 52%). Over the same period, the indefinite forward relationships and transformations of apprentices increased from 401 thousand to 654mila, with a + 63%. Overall, 2015 open-ended contracts grew by 913,000 units compared to 2014 (+ 54%). Looking at the balance between new hires and terminations, 2015 can go into a store with 563 job positions in addition, after the loss of 47 thousand contracts recorded in 2014. Yet the central role contributory three-year exemption from the Law of Stability 2015: “It is have had a decisive effect on the increase in labor relations indefinitely. at 2.5 million job positions activations indefinitely (adding the instaurazioni of new reports and forward reports transformations), more than 1.5 million, or 62% of the total, are in receipt

Looking ahead, remains alive the issue of vouchers, the vouchers to pay for occasional jobs which are assuming more and more the characteristics new insecurity and flooded, requiring the INPS activate itself and the Ministry of Labour to run for cover. In January 2016 they are sold 9.2 million voucher intended to pay the ancillary work performance, with a nominal value of 10 Euros, with a national average increase compared to January 2015 amounted to + 36%.

Topics:
inps
work
stable contracts
permanent
temporary
transformations
jobs act
decontribution
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