Italy - Recovery of the South will take another 10 years - August 31, 2017

A Svimez think tank report points to 20 years of lost growth for the southern regions. The recovery of 2015-2016, confirmed in forecasts for 2017 and 2018, will not structurally change this. With the current economic trends, the Centre-South regions will recover their pre-crisis levels in 2028, that is 10 years after the rest of the country. The labour market is characterised by an explosion of part-time work, above all that which can be defined as ‘involuntary’, people accepting part-time work due to the lack of full-time work. In 2016, full-time workers (4.9 million) increased by 1% compared to 2015, while part-time workers rose 4.9%: 1.1 million, of which 858,000 are ‘involuntary’. Despite the increase in employed people, levels of poverty and social exclusion are still high: 34% of southern Italians are at risk of poverty and 10% face absolute poverty.

English: http://www.italy24.ilsole24ore.com/art/business-and-economy …  

The report (in Italian): http://www.svimez.info/images/RAPPORTO ...   

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, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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