SHARE
COPY LINK

ECONOMY

Italy loses almost one million jobs in a year to the coronavirus crisis

In coronavirus-stricken Italy, almost one million people lost their jobs over the course of a year, official data showed on Tuesday, fuelling fresh concerns about the cost of the pandemic.

Italy loses almost one million jobs in a year to the coronavirus crisis
Protests in Rome on Tuesday against Italy’s continued coronavirus closures. The banners read: "Time’s up. I need to work for a living" and "I will open" Photo: Filippo Monteforte/AFP

In February, the number of employed people stood at just under 22.2 million, broadly stable from January, but down by 945,000 compared with February 2020, national statistics office Istat said.

The labour market slump was widespread, affecting male and female workers, salaried workers and the self-employed, and “all age groups”, it said.

Over the same period, the unemployment rate rose slightly, from 9.8 percent to 10.2 per cent, but the ranks of those out of work and not looking for a job swelled dramatically.

READ ALSO:

Francesco Seghezzi, a labour market expert who leads the Adapt think tank, said “one million jobs [lost] in a year is an enormous figure”.

Noting that the crisis was hitting younger people and those with precarious jobs hardest, he warned that a “rebalancing is needed, or a generation is at risk”.

The number of so-called “inactives” rose by 717,000, to more than 14 million. But they are excluded from unemployment statistics – thus explaining the modest rise in the jobless rate.

Italy in February this year recorded its biggest contraction in GDP since the end of World War II, marking one of the worst economic slumps in Europe.

Cgil, the country’s main trade union, called Tuesday’s labour data “tragic” and said it justified a further extension of temporary welfare measures introduced to soften the impact of the pandemic.

The government has tried to protect workers by subsidising furlough schemes and prohibiting employers from firing staff.

That ban is currently valid until late June, and was extended to late October for some industries.

Small business owners and employees protested in cities across Italy on Tuesday after the government announced restrictions, including closures of restaurants, bars and most shops, would continue throughout April.

Italy’s coronavirus pandemic began in late February 2020, and the country was the first in Europe to declare a national lockdown in early March.

Member comments

  1. You mean open like in the United States with their moron Trump where there are now over 560,000 deaths? Or Brazil with their genius President? Maybe you don’t have grandparents or family here but those of us who do are happy to still have them around. Sorry you couldn’t meet up with friends over Christmas (Easter you could meet one familial group once per day) to pass around Covid like presents…
    Pllllease…

Log in here to leave a comment.
Become a Member to leave a comment.

HEALTH

Covid-19 still causing 1,000 deaths a week in Europe, WHO warns

The World Health Organization's European office warned on Tuesday the risk of Covid-19 has not gone away, saying it was still responsible for nearly 1,000 deaths a week in the region. And the real figure may be much higher.

Covid-19 still causing 1,000 deaths a week in Europe, WHO warns

The global health body on May 5 announced that the Covid-19 pandemic was no longer deemed a “global health emergency.”

“Whilst it may not be a global public health emergency, however, Covid-19 has not gone away,” WHO Regional Director for Europe Hans Kluge told reporters.

The WHO’s European region comprises 53 countries, including several in central Asia.

“Close to 1,000 new Covid-19 deaths continue to occur across the region every week, and this is an underestimate due to a drop in countries regularly reporting Covid-19 deaths to WHO,” Kluge added, and urged authorities to ensure vaccination coverage of at least 70 percent for vulnerable groups.

Kluge also said estimates showed that one in 30, or some 36 million people, in the region had experienced so called “long Covid” in the last three years, which “remains a complex condition we still know very little about.”

“Unless we develop comprehensive diagnostics and treatment for long Covid, we will never truly recover from the pandemic,” Kluge said, encouraging more research in the area which he called an under-recognised condition.

Most countries in Europe have dropped all Covid safety restrictions but some face mask rules remain in place in certain countries in places like hospitals.

Although Spain announced this week that face masks will no longer be required in certain healthcare settings, including hospitals and pharmacies, with a couple of exceptions.

Sweden will from July 1st remove some of its remaining Covid recommendations for the public, including advice to stay home and avoid close contact with others if you’re ill or have Covid symptoms.

The health body also urged vigilance in the face of a resurgence of mpox, having recorded 22 new cases across the region in May, and the health impact of heat waves.

SHOW COMMENTS