Unemployment in Italy remains above the OECD average, but there will be improvements in the second half of 2015. This is stated in a report by the Parisian organisation: “The unemployment rate grew further to reach 12,6% in July 2014, 2,4 percentage points above the EU average, while only 55,5 per cent of the working age population. Despite the complex situation, the OECD expects improvements towards the end of 2015.
Compared to other advanced countries, "in Italy the share of unemployed is not only high, but also that of employed people with poor quality work". "A large number of people - continues the report - believe they work in difficult and stressful conditions characterized by a high level of pressure and the need to carry out complex tasks with limited resources".
Then, the situation of young people is dramatic: in Italy youth unemployment has doubled compared to the levels prior to the global crisis, while the share of totally inactive young people continues to grow (22,4%), the so-called "neets", those who they work, do not study and do not follow any type of training. Youth unemployment in our country reaches 43,4%.
According to the OECD report, the "Jobs Act" drawn up by the Renzi government must be "rapidly approved and made operational, in order to reduce the cost of dismissals and, in particular, reduce the uncertainty on the outcome of economic layoffs". Another need, according to the Parisian organization, would be to amend article 18 in the part in which it provides for the right to reinstatement in the event of unjustified dismissal, with the "replacement (except in the case of discrimination) of the right to reinstatement with an indemnity that increases with length of service".
In the whole OECD area, however, the unemployment rate will remain above the pre-created levels also in the course of next year. "It is an open wound of the crisis and one out of three unemployed is long-term", underlined the director general of the OECD Angel Gurria, who also spoke of the crisis in wages, which have suffered drops between 2% and 5% % in many countries, ending up slowing down the economic growth of the countries, affecting their demand.
