The Jobs Act: scene 2014 — take 34
On 12 March, the Italian government initiated the first of many labour reforms to come with the announcement of a new ‘Jobs Act’. However, it was only on 20 March that the text of the first ‘Jobs Act’ reform was published in the Gazzetta Ufficiale (in English, Official Gazette) as Decree Law No 34 of 20 March 2014. This decree is immediately enforceable — however, it must be noted that if the Italian parliament does not sign it into law within 60 days then it is back to square one as the law will become null and void.
The aim of this new reform, as with so many of the labour reforms before it, is to stimulate job creation in Italy, which in January 2014 recorded an overall unemployment rate of 12.9 per cent and a youth unemployment rate of 42.4 per cent.
This last figure is of particular concern and indeed the new ‘Jobs Act’ Decree Law addresses this directly through several changes to the regulations governing apprenticeship contracts…
Click on the link below to read the rest of the Lexellent briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
Briefings from Lexellent
The World Economic Forum recently published the ninth edition of its annual Global Gender Gap Report. Italy has taken a step backwards.
On 9 October 2014 the Italian Senate voted to back Matteo Renzi’s government on newly proposed labour reforms that will affect both businesses and their workforces.