Up to 70% of new hires in
Italy were employed last year under temporary contracts - one of
the highest levels among OECD countries, the body said
Wednesday.
In its latest Employment Outlook, the Organization for
Economic Cooperation and Development (OECD) noted that almost
one in two young Italians under age 25 was in a precarious
employment position last year.
It also said that about 36.3% of employed young workers had
had a job for less than one year.
About 40% of young people under the age of 25 in Italy were
unemployed last year, nearly double the rate of 20.3% in 2007,
said the OECD.
The jobless rate was higher among young women at 41.4%
compared to young men at 39%, according to the OECD.
Italian statistics showed a youth jobless rate in July of
42.9%.
In addition, as many as 52.5% of young people in Italy had
temporary jobs, the employment outlook said, basing its
statistics on figures for 2013.
That is marginally down from 2012 when 52.9% had
"precarious" jobs without solid contracts, but is still far
higher than before the recession in 2007 when 42.3% of young
people were in precarious employment.
It was also double the percentage of 26.2% in the year
2000, said the OECD report.
It added that as many as 45 million people were unemployed
in the area the agency covers.
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