The Italian parliament's budget
office UPB said in a report on Friday that Italy's economic
recovery had "strengthened slightly" and that GDP growth could
reach 1.2-1.3% this year. But the body also sounded an alarm on
jobs. It said the "area of underemployment is very large". It
said when the number of unemployed, those willing to work but
not active on the labour market and those who are underemployed
are added up, they made up 24.5% of the labour force. It added
that this tended to "compress pressure" for salary rises.
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