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Italy agrees measures to tackle youth unemployment | Italy agrees measures to tackle youth unemployment |
(3 months later) | |
The Italian government has approved a package of measures it hopes will help bring down high levels of youth unemployment as the eurozone's third-largest economy continues to limp through a two-year recession. | The Italian government has approved a package of measures it hopes will help bring down high levels of youth unemployment as the eurozone's third-largest economy continues to limp through a two-year recession. |
Faced with 42% of 15- to 24-year-olds out of work, the prime minister, Enrico Letta, identified the "plague" of youth joblessness as one of his coalition government's priorities. At a press conference on Wednesday he said he hoped measures including tax breaks for employers who hire certain under-30s on permanent contracts would boost young people's prospects. | Faced with 42% of 15- to 24-year-olds out of work, the prime minister, Enrico Letta, identified the "plague" of youth joblessness as one of his coalition government's priorities. At a press conference on Wednesday he said he hoped measures including tax breaks for employers who hire certain under-30s on permanent contracts would boost young people's prospects. |
At the same time the package was aimed at easing the employment of people on temporary contracts, and stimulating training, apprentice and internship schemes. Letta said the majority of the €1.5bn effort – a mixture of national and European structural funds – would be particularly focused on the south of Italy, where general unemployment is higher than the national average and joblessness among the young is particularly severe, at over 35%, according to Istat, the national statistics agency. | At the same time the package was aimed at easing the employment of people on temporary contracts, and stimulating training, apprentice and internship schemes. Letta said the majority of the €1.5bn effort – a mixture of national and European structural funds – would be particularly focused on the south of Italy, where general unemployment is higher than the national average and joblessness among the young is particularly severe, at over 35%, according to Istat, the national statistics agency. |
He said the government estimated that around 200,000 young people would be helped into work over the next 18 months as a result of the measures, adding that they allowed him to go to a meeting of EU leaders in Brussels on Friday with "solid arguments to fight a great battle, a European battle". | He said the government estimated that around 200,000 young people would be helped into work over the next 18 months as a result of the measures, adding that they allowed him to go to a meeting of EU leaders in Brussels on Friday with "solid arguments to fight a great battle, a European battle". |
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