Determined to produce rapid proof of the efficacy of the Jobs Act, on May 26 Italy’s Labor Department published employment data for April showing 48,000 new permanent employment contracts were signed and a drop in precarious employment. Some commentators draw attention to the fact that these numbers are coming just one month after the new law was implemented; whose principal measure is the introduction of a new permanent employment contract with increasing levels of social protection.
210,000 new employment contracts signed in April; thus the employment report proudly published by the Italian government as witness to the healthy state of the labor market during the first month after the controversial Jobs Act was put in place. The Jobs Act’s star measure is the introduction of a new type of employment contract with increasing levels of social protection and the law was adopted at the beginning of March (c.f. article No. 8914). “Stable employment contracts are on the rise as
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