Tuesday, January 31, 2017

Istat: youth unemployment dates back to the 40,1% – Il Sole 24 Ore

The rate of unemployment of young people between 15 and 24 years, dating back to December, exceeding quota 40%. It is how to detect the Istat, explaining that the share of unemployed people on the total of the assets in that age group (employed and unemployed) in December to 40,1%, an increase of 0.2 percentage points on the previous month, to the higher level by June 2015.



the labour Market, the effect of the incentives 2015

In December, the unemployment rate is at 12%, stable on the November figure revised upwards from 11.9% to 12% – and up 0.4 points on December 2015. For Istat is the higher level by June 2015 (by 12.2%). The unemployed reached 3.103.000 with an increase of 9,000 units on November and of 144,000 units on December 2015. Still falling, the inactive between 15 and 64 years with -15.000 units on November and -478.000 unit on December 2015. The rate of inactivity is stable around historical lows for 34.8%.

In the same period the number of employed remained largely unchanged over November (+1,000 units) while they are increased by 242mila unit on December 2015 (+1,1%). The number of employed in the complex recorded in the month based on seasonally-adjusted data were 22.783.000. The employment rate to 57.3%, unchanged from November and an increase of 0.7 points on December 2015. Are increased the employees with +52mila unit on November (especially the end), while the independent fell by 52mila unit.

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+46.000 occupied between 25 and 34 years old
instead, employment in the range of 25-34enni compared to November, with over 46,000 units to work more (+1,2%) while the unemployed are falling
to 43,000 units. In this segment, the number of employed decreased by 20 thousand units, compared
last year. The employment rate to 60.5%, with growth of 0.8 points on November and by 0.5 points on December 2015. The unemployment rate is 17.8% with a decline of 0.9 points over November and an increase of 0.3 percentage points on the December 2015.



Is “unfindable” one worker out of five

net demographics employment youth grows
net of The effects of demographic to December 2016, the employment performance of persons aged 15-34 years was positive (+27 thousand occupied est.) and the negative variation observed among the employed (-19 thousand) is entirely determined by the decrease of the population in this age class. Explains the Istat, in an analysis on the demographic component attached to the note on Employed and unemployed persons in December 2016. Even among the 35-49enni, explained the Institute – the strong decline of the population of this age group (down 2.0% in the last year) have a significant impact on the decline in employment, and the observed variation is equal to -149 thousand against a employment performance, net of the effect of demographic trends, of opposite sign equal to +49 thousand. Among the 50-64enni population growth helps accentuate the rise in the number of (+217 thousand in the occupied estimated net of the ef fects of the demographic switch to +350 thousand observed).

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