Business News14 May 2015
Italian economic recovery confermed by national job market performance
In the first semester 2015 319.873 new continuing jobs were created
Italian job market started moving successfully towards full economic recovery. This is the positive remark to make when reading INPS (the largest social security and welfare institute in Italy) data on new subordinated jobs. In the first 2015 semester they were 319.873, pointing out an explosive 138,3% increase. Among them, without counting the previous fixed-term contracts converted into open-ended ones (namely 61.184), the brand new continuing contracts 470.785, that is 24,1 % more compared to the first semester in 2014. This significant improvement was also fostered by the government decision to decrease the burden of pension contributions paid by entrepreneurs, making hiring more flexible and feasible.