Italy -Wages, earnings and employment -November 24, 2015

The monthly overview of contractual hourly wages shows that, at the end of October 2015, the coverage rate (share of national collective agreements in force for the wage setting) was 62.0% in terms of employees and 59.0% in terms of the total amount of wages. In October 2015 the hourly index and the index per employee increased by 0.1% from September 2015. Compared with October 2014 the hourly index and the per employee index increased by 1.2%. During the period January-October 2015, both indices rose by 1.1% compared to the same period in 2014. The update Economic Outlook for 2015 indicates that labour market conditions are expected to improve. Employment will increase by 0.6 percent in 2015, by 0.9 percent in 2016 and 0.7 percent in 2017. At the same time, the rate of unemployment will decrease at 12.1 percent in the 2015, and will further slowdown both in 2016 (11.5 percent) and 2017 (11.3 percent).

English: http://www.istat.it/en/archive/174488    

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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