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the report

Inps, hours of layoffs collapse: 85% decline in 8 months

A figure in sharp decline compared to the previous two years. But unemployment applications are on the rise
22 settembre 2022 alle 18:06Aggiornato il 22 settembre 2022 alle 17:46
Inps, hours of layoffs collapse: 85% decline in 8 months
Il report Inps sulla cassa integrazione (foto simbolo Ansa)
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The hours of layoffs authorized by INPS collapse.

This was reported by the institute's observatory on layoffs: in the first eight months of 2022, the institute authorized companies 427.52 million hours of layoffs, a decrease of 85% compared to the same period of 2021 . For the redundancy fund, 317.59 million hours were authorized (-78.86% year-on-year) while for the solidarity funds, activated for those sectors that do not fall within the scope of the cig, 109.92 million hours were authorized. with a decrease of 87.60%.

Looking only at the redundancy fund, 151.84 million hours of ordinary cash were authorized (-80.99%), 137.89 million hours for the extraordinary (+ 29.16%) and 27.87 million for that in derogation (-95.33%).

In the first half of the year, companies actually used just over a quarter of the hours requested from INPS: the Institute authorized 354.7 million hours between January and June, but in the face of sustained requests to manage any resurgence of the virus and the effects of the war in Ukraine, less than 94.2 million (26.55%) were actually used within the same period. The figure is down sharply compared to the previous two years: in the first six months of 2020, the draw was 50.39% with 2 billion 228 million hours requested and 1 billion 122 million hours actually used. In the first six months of 2021, out of 1 billion 981 million hours authorized, 791 million hours had been used by companies with a draw of 39.92%.

While cash hours are decreasing, unemployment claims are increasing , perhaps in part also linked to the end of the duration of the shock absorbers and the closure of some companies. INPS received 339,474 requests for unemployment benefits in July (Naspi and Discoll) with an increase of 8.2% compared to the same month of 2021 while in the first seven months of the year 1,174,675 requests arrived at the Institute unemployment with a 21.7% increase over the same period of 2021.

(Unioneonline / D)

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