Mercoledì, 19 Settembre 2018

OECD worried about number of idle young Italians


Rome, July 16 - The Organisation for Economic
Co-operation and Development (OECD) said in a report on Tuesday
that it was worried about the number of Italians who are idle.
The proportion of young Italians aged 15-to-24 out of work
has climbed to around four in 10 and the OECD said that it is
"worrisome" that the trend is essentially accounted for by an
increase in the number of young people Not in Employment or in
Education and Training (NEET).
The OECD's Employment Outlook 2013 said that the
proportion of young people in this category reached 21.4% by the
end of 2012, the third highest in the OECD after Greece and
"This makes a striking contrast with the experience of
most other OECD countries, where many youth responded to poor
employment prospects by delaying entry into the labour market
and investing more in education," said the report.
"For Italian NEET youth, there is a growing risk of
long-term scarring effects - that is of suffering a permanent
reduction in their employability and earnings capacity.
"Moreover, they are likely to fall behind their
counterparts in other countries who, by substituting education
for labour market experience, are likely to come out of the
crisis better equipped to face future technological challenges".
Furthermore, the OECD said that over half of Italian
workers under 25, 52.9%, had precarious jobs based on temporary
or other atypical labour contracts - up from 26.2% in 2000.
Nevertheless, the OECD said Premier Enrico Letta's
government should not revoke controversial reforms of the labour
market, including measures that make it easier for firms to fire
workers in some cases, that were approved by the emergency
technocrat administration of his predecessor Mario Monti.
"The reform 92/2012 of July 2012, by limiting the unfair
dismissal cases in which reinstatement can be ordered by courts
and making the dispute-resolution procedures quicker and more
predictable, can be expected to improve productivity growth and
job creation in the future," the report said.
"Limiting the extent of reinstatement is key to enhance
worker flows and productivity growth".

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