Large firms labour indicators

In October 2012 the seasonally adjusted employment index in large firms decreased by -0.1% compared with September (-0.1% both in industry and in services); net of workers in cassa integrazione guadagni (Cig = short-time working allowance) it increased by 0.3% (+0.7% in industry and unchanged in services). The percentage change of the average of the last quarter compared to the previous quarter  was -0.3% gross of Cig and -0.4% net of Cig.

The  unadjusted  employment   index  in  large firms  decreased by 1.2% compared with October 2011 (-1.6% net of Cig); the percentage change in the first ten months of the year with respect to the same period of 2011 was -0.8% (-1.4% net of Cig).

In October 2012 the seasonally adjusted index of gross average earnings per hours worked decreased by 2.4% with respect to the previous month (-0.9% in industry and -2.5% in services). The percentage change of the average of the last quarter compared to the previous quarter was +2.0% (+0.5% in industry and +3.1% in services).

The unadjusted index of gross average earnings per hours worked decreased by 3.6% compared with October 2011 (-4.1% in industry and -3.2% in services). The percentage change in the first ten months of the year with respect to the same period of 2011 was +1.1% (+1.6% in industry and +0.8% in services).