Large firms labour indicators

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 December 2012 the seasonally adjusted employment index in large firms was unchanged compared with November (+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 unchanged in services). The percentage change of the average of the last quarter compared to the previous quarter was -0.4% both gross of Cig and net of Cig.

The  unadjusted  employment   index  in  large firms decreased by 1.4% compared with December 2011 (-1.8% net of Cig); the percentage change of 2012 with respect to 2011 was -0.9% (-1.6% net of Cig).

In December 2012 the seasonally adjusted index of gross average earnings per hours worked increased by 1.4% with respect to the previous month (+0.4% in industry and +2.6% in services). The percentage change of the average of the last quarter compared to the previous quarter was +1.0% (+0.9% in industry and +0.8% in services).

The unadjusted index of gross average earnings per hours worked increased by 6.6% compared with December 2011 (+7.9% in industry and +5.8% in services). The percentage change in the yearly average of 2012 with respect to 2011 was +1.7% (+2.4% in industry and +1.4% in services).