The average value of the annual gross salary of approximately 19.5 million workers operating in the private sector is just over 12,139 euros, while 1.3 million workers, accounting for 6.6% of the total, receive a gross hourly salary below 7.79 euros. These are Istat data on non-agricultural private sector workers that photograph an alarming situation in Italians’ paychecks in 2021, mostly unchanged compared to the increase in the cost of living. As a matter of fact, according to Istat data, there was a decrease in average wages in 2021.
Low-paid jobs are among apprentices (26.3% of the total), young people under 30 (12.3%), fixed-term contracts (11.5%) and positions in the South (10.9%), as well as among women It is concentrated among the positions he occupies. (7.1%) compared to (6.2%) experienced by men; The lowest share is seen among positions occupied by employees with at least a diploma (2.6%).
Low-wage jobs are also more common among short-term positions: 16.6 percent of positions lasting less than a month, 11.5 percent of positions 1 to 3 months, and only 2.7 percent of positions active all year round. The share of low-wage jobs among positions with a duration of less than 6 months decreased compared to 2020, but increased compared to 2019, especially among those with a duration of less than a month (-1.3 points compared to 2020 and +1, 2 points compared to 2019) ; The same dynamic exists between fixed-term positions (-0.7 and +1 points), part-time positions (-0.7 and +0.2 points), and in the Northeast (-0.1 and +0.2 points). is being observed. But low-wage jobs at large companies increased in both 2020 (+0.1) and 2019 (+0.3). Incidence of low-wage jobs among positions occupied by men (-0.3 and -0.1 points, respectively) and apprentices (-1.4 and -1.7 points, respectively) compared to 2020 and 2019 decreased. 6 months (-1.4 and -0.4 points) or indefinitely (-0.4 and -0.5).
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
