Millions of Italians Still At Risk of Poverty Despite Small Drop in Unemployment Rates

15% of the Italian population is vulnerable to poverty

In Italy, over 14 million people are facing difficulties and at risk of poverty. This includes almost 2 million unemployed and 6.6 million “working poor” individuals, as well as over 5 million people in absolute poverty. Despite recent improvements in labor market data, the challenge for the government is to reduce the number of people at risk of poverty through initiatives that support business growth, investment, and job creation.

According to a report by the Unimpresa study center, the number of people at risk of poverty decreased slightly last year to 8.44 million. However, there were still almost 2 million unemployed and 6.6 million “working poor” individuals in Italy. The main focus for the government should be on preventing the situation from worsening for those employed in difficult conditions while also providing support for the poor in reentering the workforce.

The Unimpresa Study Center report shows that the area of social hardship in Italy accounts for 14.4% of the population, totaling almost 8.5 million people out of 59.1 million citizens. To address this issue, efforts must be made to create conditions that support businesses to improve the overall economic situation and reduce poverty levels in Italy.

The report emphasizes that creating stable jobs is essential to reducing poverty levels in Italy. Part-time fixed-term contracts increased by 6.1%, while employees with fixed-term and full-time contracts decreased by 4.4%. The government should continue to focus on reducing bureaucracy, taxes, and providing incentives for creating new jobs.

Overall, addressing poverty levels in Italy requires a multi-faceted approach that includes supporting business growth and investment while also focusing on job creation and supporting those who are struggling financially.

In conclusion, despite recent improvements in labor market data, there are still millions of Italians who are at risk of poverty and living precariously economically. To address this issue head-on, efforts must be made by both businesses and governments to create stable jobs while reducing bureaucracy and taxes for businesses looking to grow their operations.

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