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The Employment Dilemma: Lack of Workers and Hiring Challenges – Latest Data and Insights

There are no employment problems, at most there is a lack of workers. Companies reiterate this with data from Unioncamere and Anpal in the new Excelsior bulletin. In November, the hirings planned by companies were 430 thousand, up 12.6% compared to last year, and in the next three months they will reach one million and 300 thousand. In almost one in two cases it will be difficult to complete them due to the lack of suitable candidates.

Specialized textile and clothing workers are “almost impossible to find”, as well as those employed in construction finishing, foundries, welders, tinsmiths, boilermakers, metal carpentry assemblers and blacksmiths.

Confindustria estimates that there are 800 thousand missing profiles and claims to have hired, since June 2021, one million and 100 thousand more people, as an economic system. The president of the industrialists, Carlo Bonomi, in a hearing in the Senate, said he did not want the incentives for hiring provided for by the budget law. “I’m not interested in the lower IRES if I hire, because we don’t have employment problems at the moment”, declared Bonomi, proposing to allocate the resources foreseen for the relief on Industry 5.0 and investments.

“As an entrepreneur, creating jobs and hiring is my job. I don’t like taking public money to do my job conceptually”, added the president of Confindustria. Rather, the request is to intervene on the competitiveness of labor costs by encouraging contract renewals.

Over 40% of employees have expired contracts in the private sector, according to the latest Istat data, relating to the end of September, and also considering public employment, the figure reaches 54% of the total, almost 6 and a half million people. Precisely the delays in contract renewals are – according to the CNEL analysis for the government that rejected the minimum wage – one of the causes of poor work in Italy. Confindustria’s proposal is to provide a tax exemption only for those who renew contracts and have them with certain characteristics, instead of talking about a minimum hourly threshold.

In the meantime, European Commissioner for Labor Nicolas Schmit has made his voice heard in an interview with La Stampa in favor of the minimum wage in Italy. “There are countries like Austria or Sweden that don’t need it. But Italy is a particular case because it has a collective bargaining coverage rate, but at the same time has entire sectors with very low wages. And therefore the question arises” said Schmit, explaining that the drop in real wages – greater in Italy than in the other large OECD economies – means that the collective bargaining system has not allowed them to be adjusted to the cost of living.

Returning to the data from the Excelsior bulletin, the majority of expected hirings concern fixed-term contracts, which are 52.9%. Stable contracts follow with 21.7%, a minority share but still growing compared to last year (when it was 20.2%). An above-average increase also concerns the demand for immigrant workers who, in company plans, will cover more than one entry in five.

Among the sectors, the dynamics of tourism are particularly positive, with 68 thousand hirings scheduled in November, 28.3% more than last year, and commerce. Even in general, the services will absorb just under 300 thousand hires in the month. In industry, the areas experiencing the greatest expansion are mechatronics and the fashion system. Construction also holds up, despite the squeeze on the superbonus. At a geographical level, over 230 thousand hires are in the North, almost 90 thousand in the Center and 108 thousand in the South.

Read the full article on ANSA.it
2023-11-13 21:31:00
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