Unemployment stable at 12% in December, dates back to that of young people: over 40% – The Republic

A manifestation of the workers in the Eurallumina of Portovesme (ap) MILAN – The unemployment rate in December remained stable in Italy, amounting to 12 per cent (in growth, however, from 11.6% of the December 2015). He still plays, however, the alarm for what is happening to young people: the rate of the jobless are between 15 and 24 years old has climbed in December, exceeding the threshold of 40%. It is taken for the accuracy of the 40,1%, an increase of 0.2 points on November and at the highest level by June 2015. The minister of Labour, Giuliano Poletti, said of the data, emphasizing the “substantial changes” that are recorded on an annual basis: “The strong reduction of inactive (478mila less), and, in fact, sees a significant growth of employment (242mila) and the increase of people who are actively looking for work (144mila). Combined with the increases already recorded in the previous periods, the increase also in 2016 leads to 602mila the number of employed people in more starting from February 2014, 440mila of which are regulars”.

the

15-24	percentages
employment Rate	16,3
unemployment Rate	40,1
the Incidence of the unemployed population	10,9
Rate of inactivity	72,8
25-34 YEARS
employment Rate	60,5
unemployment Rate	17,8
the Incidence of the unemployed population	13,0
Rate of inactivity	26,5
35 and 49 YEARS of age	percentages
employment Rate	72,4
unemployment Rate	9,7
the Incidence of the unemployed population	7,8
Rate of inactivity	19,8
50-64	percentages
employment Rate	58,5
unemployment Rate	6,3
The incidence of the unemployed population	4,0
Rate of inactivity	37,6

Rebus young people. After the last signal of the growth of unemployment recorded in November, according to Istat, the spear still numbers a concern for those under 25. In December, the

rate of jobless among young people, i.e. the share of unemployed of the total active is grown as said by 0.2 points to 40,1%. If you consider that most of the boys of that age are studying, the incidence of young unemployed people on the total of that population is 10.9%, which means that more than one boy in ten is at home. If you look at the detail of the other age groups, adds to the Istat, the unemployment cala between 25-34enni (by 0.9 points), while increases in classes 35 and 49 years (+0.1 percentage points) and 50-64-years (+0.4 points).

is an increase in people seeking and the unemployed. Always in comparison to December of 2015, it recorded a growth of job search: drop the inactive (down by 3.4% or eur -478 thousand), but seen that the companies fail to absorb the entire supply of labour also increases in the unemployed (+4.9% or eur +144 million).

comparison of pre-tax benefits and Jobs Act. it is interesting to compare the data published today by the Institute of statistics with those related to the performance of the Italian labour market in 2014, that is, before the government Renzi triggered the tax reductions for the recruitment stable (matches the beginning of 2015), and the reform of the Jobs Act, with its protections of the growing – among other things – the weakening of article 18 (7 march 2015).

HOW IS THE JOBS ACT? A BUDGET OF ITALY in THE WORK

The euro zone improves. While Italy collects data in chiaroscuro, and it is the only large Country with a worsening yearly, in December, the unemployment rate in the euro area was down to 9.6% from 9.7% in November compared to 10.5% in December 2015. And’ the lowest rate since may 2009. In the Eu the unemployment rate was 8.2%, stable compared to November and down from 9% a year before. For the Eu this is the lowest percentage since February 2009.

Topics:

unemployment

employment

unemployed

contracts

istat

tax reductions

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