Jobs Act – Main measures. In addition to the reform over unemployment compensation, the Jobs Act contained certain measures that could greatly impact employment including: significant reductions in social charges (up to €24,000 over three years per employee) for permanent hires made in 2015 (the reduction was lowered in 2016 and then done away with in 2017), the creation of a new permanent employment contract with rising levels of worker protection, which makes it easier for businesses to make workers hired after 07 March 2015 redundant, measures for companies to more easily identify ‘false freelance workers’, or people working full time at a company’s headquarters but with the status of ‘independent’ worker, and the prohibition of the Co.Co.Pro.
Italy: mixed report on the Jobs Act’s first two years
The Jobs Act (c.f. article No. 8763), Renzi’s government’s key measure, when implemented, was applauded by Europe’s institutions as one of Italy’s most anticipated reforms. Its aim was to introduce more flexibility and simplicity in what had been viewed as an overly rigid labor market. During the two years since Law 183, 10 December 2014 was approved, and the main application decrees of which were adopted in March, June, and September 2015, debate has crystallized and there is disagreement among commentators over their analyses of the data. The business community gave the reform a positive welcome and it definitely introduced new momentum into the labor market, however its impact on employment, especially youth employment has remained limited, not least due to a challenging environment for several sectors.
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