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 February 2011 the seasonally adjusted employment index in large firms decreased by 0.1% (-0.1% in industry and -0.2% in services) compared with January 2011; net of workers in cassa integrazione guadagni (c.i.g. = short-time working allowance) it was unchanged (+0.2% in industry and -0.1% in services). The percentage change of the average of the last three months compared to the previous three months was unchanged gross of c.i.g. and increased by 0.4% net of c.i.g.
The unadjusted employment index in large firms decreased by 0.7% compared with February 2010 (-0.3% net of c.i.g.); in the yearly average the percentage change of 2011 with respect to 2010 was -0.6% (-0.2% net of c.i.g.).
In February 2011 the seasonally adjusted index of gross average earnings per hours worked decreased by 1.6% with respect to the previous month (-3.6% in industry and -0.5% in services). The percentage change of the average of the last three months compared to the previous three months was +0.7% (+1.4% in industry and 0.0% in services).
The unadjusted index of gross average earnings per hours worked decreased by 3.5% compared with February 2010 (-1.0% in industry and -4.7% in services). In the yearly average the percentage change of 2011 with respect to 2010 was -1.4% (+2.5% in industry and -3.5% in services).
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