Overview of Cassa Integrazione, Dismissals and Unemployment - November 2013

In the first eleven months of 2013 the hours of Cassa Integrazione Guadagni diminished by 1% in Italy as compared with the same period in 2012. On the contrary, the authorized hours of CIG between January and November 2013 increased by 17% in the Area of Milan.

Focusing on the Area of Milan and on value of November 2013, the authorized hours of CIG were higher than on November 2012 (+21%): in particular the increase was due to CIG Ordinaria (+61%).

Concerning CIG Ordinaria of Assolombarda companies, in November 2013 the authorized hours decreased by 39% as compared to October 2013 and by 34% as compared to November 2012.

In October 2013, the Italian Unemployment rate was static at 12.5%, but it was still higher than the Euro Area average (12,1%). Overseas, the Unemployment rate grew to 7.3% in the USA.