Martedì, 23 Ottobre 2018
ROME

Govt approves incentives for new hires under 30

English
© ANSA

Rome, June 26 - A cabinet meeting on Wednesday
approved measures to curb Italy's rampant youth unemployment
through tax cuts for companies hiring workers between 18 and 29
years of age.
A government decree introduces tax cuts of up to 650 euros
a month per worker for a maximum period of 18 months for new
hires and 12 months for employees whose short-term or freelance
contracts become open-ended.
The measure focuses on people under 29 without a high
school degree, who have been without a regular job over the last
six months, are living alone or are supporting at least another
person.
Italy's jobless rate has hit a record high of 12% and
around four in ten young people aged 15-24 are out of work.

© Riproduzione riservata

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