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 May 2012 the seasonally adjusted employment index in large firms decreased by 0.1% compared with April 2012 (-0.2% both in industry and services); net of workers in cassa integrazione guadagni (Cig = short-time working allowance) it decreased by 0.1% (unchanged in industry and -0.2% in services). The percentage change of the average of the last three months compared to the previous three months was -0.3% both gross and net of Cig.
The unadjusted employment index in large firms decreased by 0.9% compared with May 2011 (-1.3% net of Cig); the percentage change in the first five months of 2012 with respect to the same period of 2011 was -0.7% (-1.2% net of Cig).
In May 2012 the seasonally adjusted index of gross average earnings per hours worked decreased by 2.2% with respect to the previous month (unchanged in industry and -2.9% in services). The percentage change of the average of the last three months compared to the previous three months was +1.4% (+1.1% in industry and +1.4% in services).
The unadjusted index of gross average earnings per hours worked decreased by 0.4% compared with May 2011 (-0.1% in industry and -0.6% in services). The percentage change in the first five months of 2012 with respect to the same period of 2011 was +0.6% (+1.7% in industry and -0.1% in services).