“Net of the physiological drop at the beginning of 2016, the number of permanent contracts increased by more than half a million in 2015”, but “since March 2016, the month-by-month balance of hirings and terminations has been retracing the dynamics of the years prior to 2015”. The president of theINPS, Tito Boeri, in the annual report, adding that "permanent contracts seem destined to stabilize at these higher levels in 2016: unlikely that, after the great leap in 2015, they will grow further this year taking into account the slow recovery".
In any case, according to Boeri, “with the Jobs Act it really has finally thought about young people” and the three-year tax exemption “played a crucial role”, accompanied by the contract with increasing protections, which “is not made to fire, but to stabilize”.
On the other hand, the Fornero reform had "strong negative implications" on the labor market, especially for young people: according to a survey carried out by INPS and reported in today's report on a sample of 80 companies with over 15 employees active in the period 2008-2014, " it can be estimated that the lockdowns induced by the reform have reduced the hiring of young people by about 37 units, a quarter of the drop in hiring of young people recorded in this period”.
Assuming that the effects were similar for firms with fewer than 15 employees, a further reduction in youth employment is estimated for 28 units. The blockades have “severely reduced the hiring of young people also in the public sector. In the case of INPS, for example, there would have been 1.125 hires of young people”.
As it regards instead the new subsidized part-time, in June, according to the first INPS data, had a "slow start", even if the data are still considered "insignificant". From 2 June, the starting date of the discipline, to the 21st, 238 applications were presented, of which 85 accepted and 84 rejected, 69 still pending.
Finally, with reference to theApe, Boeri writes that the goal “should certainly not be to push as many people as possible to leave the job market: beware of those, politicians and especially trade unions, who will eventually have to present the various options to the workers. It cannot be denied that XNUMX-year loan repayment installments constitute a permanent reduction in your future pension. Nor can it be denied that, by continuing to work, the taxpayer would be entitled to a higher pension. The basic objective of the reforms that aim to introduce flexibility in exit is to guarantee greater freedom of conscious choice without increasing the pension debt and without creating generations of poor pensioners”.
