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Work: apprenticeships are growing, vouchers crash

INPS has published the data for November. Growing annual balance with 506.000 contracts. The growth of new permanent hires is slowing down, but fixed-term contracts and apprenticeship contracts are rising. Drastic drop in vouchers after the government decree making them traceable.

INPS has published the November 2016 Precariousness Observatory which reports the data on new employment contracts and terminations in November and their dynamics compared to the previous year.
The dynamics of open-ended contracts slows down, that of fixed-term contracts rises and that of apprenticeship contracts soars. Drastic drop in vouchers after the government decree which, by increasing their traceability, blocked the speculative uses of the tool designed to bring out illegal work.

PERMANENT TIME AND APPRENTICESHIP

In the first eleven months of 2016, in the private sector, there was a balance between hirings and terminations of +567.000, lower than that of the corresponding period of 2015 (+688.000) and higher than that recorded in the first eleven months of 2014 ( +313.000).

 On an annual basis, the balance makes it possible to measure the trend change in job positions. The annualized balance (ie the difference between hires and terminations in the last twelve months) in November 2016 is positive and equal to +506.000, including seasonal workers.

Overall the recruitments, always referring only to private employers, in the period January-November 2016 there were 5.323.000, with a reduction of 320.000 units compared to the corresponding period of 2015 (-5,7%). Overall hiring also includes seasonal hiring (510.000).
For the fixed-term contracts, in the first eleven months of 2016, 3.451.000 new hires were recorded, up on both 2015 (+ 6,7%), and on 2014 (+9,9%).

For the apprenticeship contracts the growth trend already noted in the updates of the previous months is confirmed. In particular, compared to the same period of 2015, apprenticeship hires increased by 47.000 units (+ 27,5%).

The contracts seasonal recorded a reduction of 6,6%. 

The slowdown in hiring mainly concerned a indefinitely: –547.000, equal to – 32,3% compared to the first eleven months of 2015.

VOUCHERS

Starting from this update of the Observatory, the data referring to vouchers are calculated up to the month preceding the update date, so the information reported in the relative tables assumes the period January-December 2016 as a reference. In addition, a table has been added which shows the amount of vouchers sold in each month of the three-year period 2014-2016. Finally, again starting from this update, in order to eliminate the distorting effects of unsuccessful sales transactions (see Observatory data reading guide), the tables only show the amount of the vouchers for which the sale procedure has been completed. 

In the period January-December 2016, 133,8 million vouchers were sold for the payment of ancillary work services, with a nominal value of 10 euro, with an increase, compared to 2015, of 23,9%.

 The growth of vouchers sold, calculated with respect to the corresponding month of 2015, has undergone a significant decline, in particular since October 2016: for the month of December it stood at values ​​close to zero, as the number of vouchers sold (11,5 million) is substantially equivalent to that of December 2015 (11,4 million). This trend also reflects the effects of the provision of article 49, paragraph 3, of legislative decree 81/2015, with which prior communication obligations were introduced regarding the working hours, which became operational starting from the second mid-October 2016.

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