Lunedì, 24 Settembre 2018
ROME

GDP uptick won't create jobs says Squinzi

English
© ANSA

Rome, July 9 - The Italian economy's forecast move
out of recession at the end of the year will not create
"desperately needed" jobs, the head of the powerful industrial
employers' group Confindustria told parliament Tuesday.
Giorgio Squinzi said the economy would rebound at year's end
by 0.3%-04% going into 2014 but that would not be enough to
bring down the record unemployment that is compressing demand.
"We have a desperate need of new jobs", Squinzi told the
Lower House.
Italy's jobless rate is 12% overall and almost 40% among
15-to-24-year-olds.

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