Martedì, 25 Settembre 2018
ROME

Italian laid-off benefits up 12.4% in August

English
© ANSA

Rome, September 6 - Benefits paid to Italians laid
off by their firms grew in August to 75.3 million hours worth, a
12.4% rise over August of last year, national insurance agency
INPS said on Friday.
INPS cautioned that the figure for August is less
meaningful than other measures due to seasonality and normal
slowdown of economic activities.
"Ordinary" benefits (CIGO), which are issued to workers of
large companies who are laid off or working fewer hours due
economic or market forces, fell 23.3% over August 2012, to 8.4
million hours, with industrial sector unemployment payments
shrinking by a third and construction sector payments falling
12.9%.
"Extraordinary" benefits (CIGAS), issued in cases of
business closure, bankruptcy or restructuring, increased by
10.4% compared to the same time last year, from 26.2 million
hours to 28.9 million last month.
A catch-all third category of benefits (CIGD), which
accommodates a requests of small businesses, professional
service workers and other cases not covered by CIGO or CIGAS,
increased by 27.2% to 28.9 million, compared to 26.2 million in
August 2012.
From January to August 2013, 704 hours of lay-off pay was
authorized, a 0.4% decline over the same period in 2012.

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