THE CONSISTENCY OF WORKING RELATIONSHIPS
In the first eleven months of the 2017, in the private sector there is a balance between assumptions and terminations equal to + 801.000, higher than that of the corresponding period of both the 2016 (+ 569.000) and the 2015 (+ 675.000).
Calculating the annualized balance, the difference between assumptions and terminations achieved in the last twelve months, we obtain the measure of the trend variation of job positions: at the end of November this was equal to + 557.000, stable compared to that recorded in October (+ 555.000) . This result is the algebraic sum of: -14.000 for open-ended contracts, + 61.000 for apprenticeship contracts, + 11.000 for seasonal contracts and, above all, + 499.000 for fixed-term contracts.
THE DYNAMICS OF FLOWS
During the 2017, the turnover of jobs increased thanks above all to the strong growth in recruitment (between January and November 2017 increased by 18,7% compared to the same period of the previous year). Terminations also increased (+ 16,1%) but at a lower rate.
The increase in recruitment was driven by fixed-term contracts (+ 26%) and by apprenticeship (+ 13,9%); on the other hand, permanent recruitment decreased (-5,2%), a contraction entirely attributable to part-time employment.
Among the fixed-term contracts, the increase in the number of administration contracts (+ 20,3%) and even more of the work contracts on call, which, with reference to the time period January-November, changed from 179.000 (2016) to 392.000 (2017), with an increase of 119,2%. This significant increase - as, in part, also that of contracts of employment and fixed-term contracts - can be placed in relation to the need for companies to resort to contractual instruments substitutive of vouchers, canceled by the legislator starting from the middle of last year March and replaced, from July and only for companies with less than 6 employees, by the new occasional service contracts.
These trends converge in the compression of the incidence of permanent contracts on total hires: 23,4% in the first eleven months of 2017 while in 2015, when the three-year contribution exemption for permanent contracts was in force, the share of permanent hires was 38,8%.
The overall transformations - including, alongside those from fixed-term to open-ended contracts, also the permanent prosecutions of apprentices - in the first 11 months of 2017 were 335.000, a decrease compared to the same period of 2016 (-2%).
For terminations, the growth is mainly due to forward contracts (+ 24,2%), while the termination of open-ended contracts are essentially stable (-0,5%).
Among the causes of termination, the redundancies referred to permanent employment contracts amounted to 535.000, down compared to the corresponding period of January-November 2016 (-6,6%) while there was an increase in the resignation (+ 5,6%).
The redundancy rate, calculated on permanent employment, including apprentices, was 2017 for the first eleven months, equal to 4,6%, lower than that recorded for the same period of 2016 (4,9%).
THE INITIAL RETRIBUTIONS OF NEW WORKING REPORTS
With regard to the salary structure of new employment relationships, for the open-term assumptions made in January-November 2017, there is a reduction in the share of salaries lower than 1.750 euro that go from 57,9% of 2016 to 54,7% of 2017.
THE FRUIT OF INCENTIVES "YOUTH EMPLOYMENT" AND "SOUTH EMPLOYMENT"
Between January and November 2017 were incentivized 54.449 working relationships under the "Youth Guarantee" Program and 103.907 employment relationships (83.637 recruitment and 20.270 transformations) under the "Southern Occupation" measure.