Work, more than 507 thousand hires expected in July and over 1.3 million by September

Work more than 507 thousand hires expected in July and

(Finance) – Over 507 thousand employment contracts were offered by companies in July and 1.3 million in the July-September quarter, with a contraction in labor demand of approximately 78 thousand contracts compared to July 2023 (-13.3%) and of -156 thousand for the corresponding quarter of 2023 (-10.6%). The difficulty in finding the profiles sought by companies stands at 48.4%, mainly due to the lack of candidates. This scenario is outlined by the Bulletin of the Excelsior Information System, produced by Unioncamere and the Ministry of Labor and Social Policies.

As a whole The industry plans to hire around 135,000 profiles this month (-15 thousand; -9.8% compared to last year) and 371 thousand in the quarter (-34 thousand; -8.3% compared to a year ago). The manufacturing sector is looking for approximately 88 thousand workers in the month and 236 thousand in the quarter. mechatronics industries are looking for 21 thousand workers in the month and 59 thousand in the quarter, followed by the food, beverage and tobacco industries (20 thousand in the month and 48 thousand in the quarter) and the metallurgical and metal products industries (15 thousand in the month and 42 thousand in the quarter). The demand for work from the construction sector which still stands at almost 47 thousand hires in July (-10 thousand; -18.2% compared to July 2023) and approximately 135 thousand in the quarter (-23 thousand; -14.8% for the quarter).

I am instead 373 thousand work contracts offered by the service sector in the current month (-63 thousand; -14.5% compared to a year ago) and approximately 949 thousand expected between July and September (-122 thousand; -11.4% on the corresponding quarter of 2023). Tourism offers the greatest employment opportunities with approximately 125 thousand workers sought in the month and 265 thousand in the quarter, despite the decline compared to last year (-45 thousand contracts in the month and -86 thousand in the quarter). There are also numerous job opportunities offered by trade (69 thousand in the month and 180 thousand in the quarter) and personal services (60 thousand in the month and 185 thousand in the quarter).

Companies declare difficulty in finding over 245 thousand hires in July (48.4% of the total), confirming the “lack of candidates” as the main cause with a share of 32.3%, while the “inadequate preparation” stands at 12.7%. The professional groups with the highest mismatch are specialized workersthe (65.7% the share of hard-to-find income), technical professions (54.3%), managers and intellectual, scientific and highly specialized professions (51.1%).

Between professions that are more difficult to findthe Excelsior Information System’s job market reports workers in the textile and clothing industry (77.8%), specialized workers in construction finishing (75.6%), foundries, welders, tinsmiths, boilermakers, metal carpentry assemblers (74.1%), blacksmiths, tool makers (71.8%) and artisan mechanics, assemblers, repairers, and maintenance workers of fixed and mobile machines (71.4%). Also difficult to find are technicians in the management of production processes for goods and services and health technicians (both at 66%), engineering technicians (64.5%) and IT, telematics and telecommunications technicians (60.9%).

The fixed term it is confirmed as the most proposed contractual form with 304 thousand units, equal to 59.9% of the total, followed by permanent contracts (92 thousand, 18.1%), the latter increasing by 1.5 percentage points compared to July 2023.

The demand for immigrant workers is down compared to last year with approximately 97 thousand entries scheduled for the month, equal to 19.0% of the total. The sectors that make the most use of foreign labor are confirmed as operational support services for businesses and individuals (30.2% of the entries scheduled will be covered by immigrant personnel), transport, logistics and warehousing services (29.7%), metallurgy (26.7%) and construction (22.3%).

In the month, at a territorial levelthe hiring planned by companies in the Center is down by over 24 thousand units and by about 24 thousand units for those in the North East. Among the regions that are recording the largest declines are Lombardy (-10 thousand), Tuscany (-9 thousand), Veneto and Emilia-Romagna (each with about 9 thousand fewer hirings) and Lazio (with over 8 thousand fewer entries).

(Photo: Studio Republic on Unsplash)

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