Jobs, Bank of Italy: employment recovering, 100 thousand more positions than in the pre-pandemic

Labor Unioncamere 359 thousand hires expected by companies in March

(Finance) – Approximately 230,000 job positions employees net of seasonal factors, almost 100,000 more than in the same period in 2019 before the pandemic. In the months spring however, the dynamics of employee employment showed signs of slowing down: the difference between hires and terminations decreased, although remaining largely positive. This is what emerged from the note drafted jointly by Ministry of Labor and Social Policies (MLPS), from Bank of Italy and fromNational Agency for Active Labor Policies (ANPAL).

In the compartment industrial the number of new jobs remained stable, while in the buildings the strong slowdown already encountered in the two-month period March-April was confirmed. Also in the business is in the tourism signs of weakening emerged in May and June; however, in these sectors, in the first six months of the year, over 90,000 jobs were created, about 29,000 more than in 2019. The recent slowdown in the tourism and trade sectors, sectors that make greater use of short-term employment relationships was reflected in an overall slowdown in the growth of term positions. In the first six months of the year, they represented about a quarter of net activations, after taking seasonal factors into account.

Conversely, employment a time undetermined benefited from the continuous increase in the number of transformations from temporary to permanent contracts, which in recent months returned to the levels of 2019. Faced with a constant trend in hiring and layoffs, there was a slight decline in resignation; the latter had grown rapidly in 2021, when the recovery of the labor market had fueled the transitions of workers from one company to another. In addition, the reduction in the number of contracts continued apprenticeshipparticularly marked starting from December 2021.

The slowdown in employment dynamics in May and June affected both genders; the contribution of component female in the first six months of 2022 it was lower than in both semesters of the previous year. In the last two months, growth has slowed down especially in the regions of North Centerwhile in the Noon it remained at rather low levels. Since January, the jobs created, net of terminations, in the southern and island regions have been just 20 per cent of those activated overall.

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