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Istat, the emergency threatens to curb wages

2020-04-29T12:53:31.081Z


Growth already low +0.6% 1st quarter. Virus could weigh on renewal (ANSA)


In the first quarter, the average hourly earnings in Italy grew by 0.6% on an annual basis, confirming a "very moderate" dynamic. Istat notes this in the collective bargaining report. And the trend, the Institute warns, "could undergo a further deceleration in the coming months, should the uncertainty induced by the health emergency further slow down the renewal times of the numerous expired contracts".

 The 10 million workers, reaching precisely 9.9 million, are the workers who are awaiting contract renewal at the end of March. This is 80.4% of the total, so the contract expired for eight out of ten employees. Istat notes this, explaining that 51 national collective agreements are waiting to be renewed. In force for the economic part, 22 remain, corresponding to 19.6% of employees (approximately 2.4 million).

At the end of March, all public employees and about three quarters of employees in the private sector have the contract expired. " December: the percentage of workers who wait has risen from 44.6% to 80.4%.

Source: ansa

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