{"id":74551,"date":"2024-09-12T10:01:49","date_gmt":"2024-09-12T08:01:49","guid":{"rendered":"https:\/\/www.istat.it\/?p=74551"},"modified":"2024-09-12T10:02:56","modified_gmt":"2024-09-12T08:02:56","slug":"labour-market-q2-2024","status":"publish","type":"post","link":"https:\/\/www.istat.it\/en\/press-release\/labour-market-q2-2024\/","title":{"rendered":"Labour market &#8211; Q2 2024"},"content":{"rendered":"\n<p>The labour input, as measured by hours worked, decreases compared to the previous quarter (-0.2%) and increases compared to the second quarter of 2023 (+1.6%). In the same period GDP increases by 0.2% quarter-on-quarter and by 0.9% year-on-year.<\/p>\n\n\n\n<p>The number of employed people increases by 124 thousand units (+0.5% compared to the first quarter of 2024), following the growth of permanent employees (+141 thousand, +0.9%) and of self-employed (+38 thousand, +0,7%) which more than offset the fall of temporary employees (-55 thousand, -1.9%); the number of unemployed decreases (-84 thousand, -4.6% in three months) and the number of inactive people aged 15-64 increases (+32 thousand, +0.3%). The rates show a similar trend: the employment rate rises to 62.2% (+0.2 percentage points), the unemployment rate falls to 6.8% (-0.3 percentage points), and the inactivity rate for people aged 15-64 remains stable to 33.1%. In the provisional data for the month of July 2024, compared to the previous month, the increase in the number of employed people (+56 thousand, +0.2%) and in the employment rate (+0.1 percentage points) is associated with the decrease of the unemployment rate (-0.4 points) and the increase of the inactivity rate aged 15-64 (+0,2 percentage points).<\/p>\n\n\n\n<p>In the second quarter 2024, employment also increases compared to the second quarter of 2023 (+329 thousand, +1.4% in one year), involving, also in this case, permanent employees (+3.3%) and self-employed (+0.6%) in contrast to the decrease in temporary employees (-6.7 percentage points); the number of unemployed continues to fall (-194,000 in one year, -10.2%) and, at a slower pace, the number of inactive persons aged 15-64 (-32, thousand, -0.3%). This trend is reflected in the growth of the employment rate (+0.7 percentage points compared to the second quarter of 2023) and the decrease in the unemployment (-0.8 percentage points) and inactivity rates (-0.2 points).<\/p>\n\n\n\n<p>On the enterprise side, on a quarterly basis, total employee jobs continue to grow, recording an increase of 0.5% in total and in the full time component, slightly lower for the part time (+0.4%). On a annual basis, the growth of total employee jobs continues in this quarter, equal to 2.6% in total and in the full time component, slightly higher compared to part time (+2.4%).<\/p>\n\n\n\n<p>The hours worked per employee show a decrease on a quarterly basis (-1.0%) and an increase on annual basis (+0.3%). The use of short-time working allowances slightly decrease to 7.5 hours per 1,000 hours worked (-5.8 hours per 1,000 hours worked with respect to the second quarter 2023). The job vacancy rate decreases both compared to previous quarter (-0.1 percentage points) and &nbsp;with respect to the same quarter of the previous year (-0.3 percentage points).<\/p>\n\n\n\n<p>Total labour cost rises at a significant pace, equal to 1.9% on a quarterly basis, mainly driven by both wages (+1.7%) and social contribution (+2.4%); compared to the same quarter of 2023, labour cost increases equal to 4.5% due to a marked increase both in the wage component (+4.7%) and in social contributions (+4.4%). This pacularly high increase of total labour cost is mainly due to a concentration, in this quarter, of payments scheduled by some National Contracts renewls in the private sector.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Q2 2024 employed increase by 124 thousand units (+0.5%) compared to Q1<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3353,3296,3467,3301,3495,3196,3229,3686,3140,3297,2968,3208,3323],"regione":[],"tema":[4067,4071,4068],"class_list":["post-74551","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-earnings","tag-employed","tag-enterprises","tag-hours-worked","tag-labour","tag-labour-cost","tag-labour-market","tag-number-of-jobs","tag-redundancy-funds","tag-social-contributions","tag-flash","tag-unemployed","tag-vacancies","tema-industry-and-construction","tema-labour","tema-services"],"meta_fields":{"data_pubblicazione":"","descrizioneperiodo":"","titolobreve":"","news":"","news_rss":"","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3353,"label":"earnings","slug":"earnings"},{"id":3296,"label":"employed","slug":"employed"},{"id":3467,"label":"enterprises","slug":"enterprises"},{"id":3301,"label":"hours worked","slug":"hours-worked"},{"id":3495,"label":"labour","slug":"labour"},{"id":3196,"label":"labour cost","slug":"labour-cost"},{"id":3229,"label":"labour market","slug":"labour-market"},{"id":3686,"label":"number of jobs","slug":"number-of-jobs"},{"id":3140,"label":"redundancy funds","slug":"redundancy-funds"},{"id":3297,"label":"social security contributions","slug":"social-contributions"},{"id":2968,"label":"statistics flash","slug":"flash"},{"id":3208,"label":"unemployed","slug":"unemployed"},{"id":3323,"label":"vacancies","slug":"vacancies"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/74551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=74551"}],"version-history":[{"count":2,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/74551\/revisions"}],"predecessor-version":[{"id":74566,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/74551\/revisions\/74566"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=74551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=74551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=74551"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=74551"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=74551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}