Thursday, May 19, 2016

Labour, INPS: “In the first quarter new stable jobs down by 77% after the halving of relief” – The Daily

Not unabated decline in the stable hiring after the halving of the tax relief , which rose from 100% to 40% in 2016. In the first three months of the year, according to the INPS, are were signed 428mila permanent contracts (including transformations) while terminations were 377 thousand, with a balance positive 51 thousand units . The figure is worse than the 77% with respect to balance positively stable of nearly 225 thousand contracts in the first quarter 2015. It was felt even better in the 2014 , in recession and without the push exemption from contributions for permanent contracts: in the first three months, there were 87 thousand registered in more stable places. This confirms the negative trend started with the new year: in January the decline of hiring certified by INPS was 39.5%, in February by 33%.

 change the balance the balance of the month of March alone, compared with that of March 2015, returns a worrisome -150%. The data, coming on the day when the EU Commission formalizes the green light to maneuver in 2016 but in the face of “ credible commitments ” to contain the deficit next year, confirm that the mini boom in recruitment it is now behind us. They do not bode well, especially in light of the fact that the EU and Istat Commission envisage for this year a growth limited to 1.1% of GDP, below the government’s forecast (1.2%).

by extending our gaze to all types of contracts , even considering reports completed and apprenticeship, the situation is still positive. In the first three months of the year, the net change of employment relationships is an increase of 241 thousand units, gave less than 26% from the same period of 2015. In this context, the only contracts to increase are those temporary . The balance of fixed-term contracts in the first quarter 2016 is positive 272mila units, an leap from last year’s 22.2% .

And on the subject of insecurity, it continues the advance of the voucher , vouchers to pay for ancillary work. In the first quarter of the year they have been sold 31.5 million coupons, an increase of + 45.6% compared to the first quarter of 2015. A few days ago, the same INPS had revealed how the 37 % of voucher recipients have no other income from employment, while 85% earn less than a thousand euro a year.

If you look at just the data from March 2016 , there were 101mila activations of permanent contracts. A year ago, the month of onset of contract at increasing protection , were 166 thousand: the collapse was the 39% . The comparison becomes even more unforgiving if you look at the balance between activated and terminated contracts. If in March of 2015 the difference was positive, with a leap of more than 30 thousand jobs, this year the figure fell below zero, at an altitude of -15mila . In short, the joints stable relationships at the March terminus far exceed the number of those created in the same month. Compared to all types of contracts, recruitment rose from 442 thousand in March 2015 to the current 380 thousand, a decrease of 14%. Same goes if you do the calculation, net of terminations. The contracts entered into more pass within a year from 82 thousand and 66 thousand, a decrease of 19%.

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