Thursday, August 25, 2016

Increase employment contracts, but hinder the stable hiring – The Republic

MILAN – The INPS data confirm the trend that emerged in early 2016: the reduction in contributions earmarked for new permanent contracts has slowed the pace of stable employment, the year before he reserved the best conditions (remission increased from 8 thousand to 3,250 euro with duration increased from three to two years). All this, however, in a context of improving labor market, in which the activation of terminations clearly outweigh contracts, suggesting that more people can find a job.

More assumptions laid off. the Observatory data on precarious INPS (which relate to the activated contracts or terminated on the basis of corporate communications) relative to January June 2016 confirm this. “In the first half of 2016, in the private sector, there is a balance between new hires and terminations amounted to +516,000, lower than in the corresponding period of 2015 (+628,000) and higher than that in the first six months of 2014 (+423,000), “says the institute. “On an annual basis, the balance measures the change in trend of job positions. The annualized balance (ie the difference between new hires and terminations in the last twelve months) in June 2016 was positive (+ 505,000). For contracts of indefinite duration, the annualized balance at June 2016 amounted to +582,000. “

But slow stable contracts. INPS continues revealing the slowdown mentioned above: “Overall, the assumptions, all of which relate only to private employers, in January-June 2016 were 2,572,000, a decrease of 302,000 units compared to the same period of 2015 (- 10.5%). This slowdown has involved only permanent contracts : -326 000, equal to -33.4% in the first half of 2015. the decline is attributable to the sharp increase in recruitment indefinitely recorded in 2015, the year in which such recruitment were eligible full abatement of social security contributions payable by the employer for a period of three years. Similar considerations can be developed in relation to the reduction of the flow of transformations indefinitely (-37.0%). “It gets worse too much the balance between new hires and terminations: in the first half of 2016 were signed 845,392 contracts of indefinite duration (including the transformation of completed reports and apprenticeship) and terminations of permanent were 770,890 with a positive balance of 74,502 units contracts. the figure is worse by 84% compared to the positive balance of 468,186 stable contracts in the first six months of 2015.

Between January and June this year were started 252,000 subsidized labor relations to the new conditions, less than a third of all open-ended contracts against an incidence of 60.9% in 2015.

certain times instead (1,808,000 assumptions), the data are in line with 2015 (+ 0.6%) and an increase compared to 2014 (+2, 7%). Finally, over the first half of 2015, the closures on the whole are decreased by 8.5%. This effect is found to a greater extent in relation to permanent contracts.



TOTAL EMPLOYEE RELATIONS (January-June) 2014 2015 2016
NET CHANGE OF EMPLOYMENT *
DURING January-June THE YEARS 2014, 2015 AND 2016
(+) New working relationships ** 2,585,659 2,873,662 2571618
(-) Terminations of labor relations 2,162,649 2,246,157 2,056,032
Net Change 423 010 627 505 515 586
EMPLOYMENT FOR AN INDEFINITE PERIOD 2014 2015 2016
(+) New labor relations 700 788 977 036 650 637
(+) for an indefinite period of forward ratios Transformations 187 315 ​​ 238 835 150 556
(+) Apprentices processed indefinitely 36,456 41,338 44,199
(-) Terminations 803 578 845 534 770 890
Net Change 120 981 411 675 74,502

source: INPS – processing to August 10, 2016 *
were detected all reports working activated in the period, including those for one worker himself, with regard to all types of work
subordinate, including temp work and intermittent work.
** This figure does not include the new relations conversions of fixed-term relationships and the transformation of apprenticeship ratios.

Salaries and Voucher. Finally, INPS records for new permanent hiring a reduction in the share of wages less than 1,750 Euros compared to that observed for the corresponding period of 2015. Continued good work of the increase decided by 10 euro, new bag of irregularities in the first half have been sold 69.9 million, an increase compared to the first half of 2015, by 40.1%.

Topics:
work
inps
contracts
indeterminate contracts
precarious
stable contracts
a number of times
indeterminate time
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