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Press release

Large firms labour indicators

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Labour indicators for large firms (enterprises with 500 employees and more) are calculated with reference to the base year 2005 using the Ateco 2007 classification (Italian edition of Nace rev. 2).

In August 2011 the seasonally adjusted employment index in large firms is unchanged compared with July 2011 (-0.1% in industry and unchanged in services); net of workers in cassa integrazione guadagni (Cig = short-time working allowance) it increased by 0.1% (+0.2% in industry and +0.1% in services). The percentage change of the average of the last three month compared to the previous three months was -0.2% gross of Cig and -0.4% net of Cig

The unadjusted employment index in  large firms  decreased by  0.6%  compared  with  August  2010  (-0.5% net of Cig); the percentage change in the first eight months of 2011 with respect to same period of 2010 was -0.6% (-0.3% net of Cig).

In August 2011 the seasonally adjusted index of gross average earnings per hours worked decreased by 0.7% with respect to the previous month (-0.9% in industry and -0.6% in services). The percentage change of the average of the last three months compared to the previous three months was -0.8% (-1.8% in industry and unchanged in services).

The unadjusted index of gross average earnings per hours worked decreased by 0.3% compared with August 2010 (-1.1% in industry and +0.1% in services). The percentage change in the first eight months of 2011 with respect to the same period of 2010 was +1.7% (+3.5% in industry and +0.7% in services).

Reference period: August 2011

Date of Issue: 28 October 2011

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Short-term statistics on employment and wages
Angela Golino
ph. +39 06 4673.6242
golino@istat.it

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