444 thousand hires expected by companies in May: signs of weakening demand for work in manufacturing and the construction sector, but stability is guaranteed by the recovery of tourism and personal services

In May, companies have over 444 thousand hires scheduled, despite the weakening of economic growth observed in the first trimester and the increasingly uncertain prospects for the second trimester due to the war in Ukraine and the consequent crisis linked to energy and other raw materials. Manufacturing companies are the most affected: -4.4% of workers sought compared to April (-3 thousand) and -18.8% if compared to a year ago (-15 thousand). The construction sector is also negative compared to the previous month (-0.9%) and even more if compared to a year ago (-27.5%). However, there is growth in services (+30.2% compared to April and +31.5% compared to May of last year), mainly driven by the recovery of the tourism sector. The mismatch between job supply and demand is confirmed as high: 38.3% of workers sought are difficult to recruit, a difficulty mainly attributable to the lack of candidates.

More details on the press release can be found here

368 thousand new hires expected by companies in April: negative signs for manufacturing and construction companies, expectations for recovery in tourism and personal services

A total inflow of personnel of approximately 368 thousand is expected by companies in April, but the impact on the macroeconomic scenario of the crisis in Ukraine and the significant increase in energy and raw material costs are beginning to have an effect above all on manufacturing companies (-8.5% of expected inflow compared to March and -5.9% compared to April 2021). The construction sector also records a slowing down (-9.4% compared to March and -19.5% compared to 12 months ago). Services as a whole are, however, growing (7.5% compared to the previous month and 39.1% compared to the previous year), thanks above all to the recovery in the tourism sector. The share of new hires for which companies declare difficulty in recruiting is 40.4% overall (8.3 per cent more than in April 2021).

More details on the press release can be found here

359 thousand new hires forecast by companies in March 2022, but the conflict in Ukraine and the rapid rise in costs put the prospects for recovery at risk

Companies seek 359 thousand workers for the month of March, 41 thousand more (+13.0%) compared to February and 67 thousand more (22.9%) compared to one year ago. So, the demand for labour is holding up, albeit in a context of growing uncertainty due to the consequences of the war in Ukraine and the worrying rise in energy and raw material costs, factors that are putting economic recovery at great risk. In company forecasts, the difficulty in recruiting continues to grow, amounting to 41.1% of planned inflow, up by almost 9 per cent compared to March 2021, when 32.2% of the profiles sought were difficult to recruit.

More details on the press release can be found here

318,000 new hires are forecast by companies in February: the demand for labour has slowed (-30.6% compared to January) due to the rise in prices and difficulty recruiting, but the figures nevertheless remain positive (+47.0 %) compared to 12 months ago

318,000 new hires are forecast by companies in February, for a decrease of about 140,000 compared to the start of the year. However, thanks to the resumption of all economic activities, there has been a significant increase compared to February 2021 (+102,000 units; +47.0%). Despite maintaining a positive trend compared to one year ago (+27.4%), the greatest uncertainties are reflected throughout all the manufacturing sectors, which showed a monthly decline of -29.5%. A negative trend (-20.7%) was also seen in the construction sector, but a positive trend (+16.7%) was nevertheless maintained compared to February 2021. The decrease in contracts planned in the services sector was more pronounced (-32.5% compared to the previous month, but +33.8% for the year), especially in trade (-43.7% since January, but +37.6% compared to last year). The mismatch reported by companies in February also continued to grow, reaching 40% of planned inflow.

More details on the press release can be found here 

Companies expect 458,000 new hires in January. Industry recovery continues, tourism slows down, mismatch and the demand for immigrant workers grows

In January, companies plan just under 458 thousand new hires that will rise to around 1.2 million in the first quarter of 2022. Compared to the same period last year, there is an increase in expected new hires (+ 112 thousand over January 2021 and + 265 thousand compared to the January-March 2021 quarter). The comparison to December 2021 is also positive, with 104 thousand more new hires (+ 29.4%), for all economic sectors except for tourism burdened by the growing uncertainties linked to the pandemic trend in recent weeks. Also in January the indicator of the difficulty of filling positions is growing: compared to a year ago it increases by 5 percentage points reaching 38.6% of the planned new hires. In January, 73 thousand contracts were offered to immigrant workers, equal to 16% of the total planned new hires, up over last year (+27 thousand).

More details on the press release can be found here 

The Excelsior Information System: introduction

Established in 1997 by Unioncamere, in collaboration with the Ministry of Labour, ANPAL, and the European Union, the Excelsior “Information System for Employment and Training” is one of Italy’s major sources on topics relating to the labour market and training, and is one of the official surveys included in the National Statistical Program (PSN).
Through the analysis of the hiring programs of over 1 million 300 thousand companies, the Excelsior Information System offers a constantly updated overview of the development trends and the main qualitative characteristics of the demand for employment in Italy, providing extremely useful information in support of training planning processes, guidance activities, and the active labour policies of the Government, the Regions, ANPAL, and other public institutions.
The survey brings greater value to the information obtained from the chambers’ administrative archives on businesses and employment, and provides for the sampling of over 500,000 industrial and service companies of all sizes on an annual basis.
The high number of interviews conducted and the data processing methodology adopted allow the monthly and annual forecasts regarding the companies’ employment demand to be obtained in a timely and systematic manner, for all the Italian provinces, as well as the main characteristics of the professional figures required (level of education, age, experience, difficulty in recruiting, need for further training, skills, etc.).
In addition to guides, manuals, and materials in support of scholastic, university and occupational guidance, Excelsior also renders navigable databases, insights, and other informative tools regarding the demand for professional figures and skills available through various channels (websites, social networks, participation in events, webinars, and seminars).
Thanks to these tools and their exploitation by the Chambers of Commerce throughout their various areas of competence, we intend to increasingly promote and support a dynamic and flexible balance between the supply and demand for employment, even by establishing a better connection between the educational and training systems and the needs on the labour market.