Istat, the Collapse of Purchasing Power: Real Wages Down 10.5% in 5 Years. And 80% of New Employees Are over 50
6 Articles
6 Articles
"Since 2019 the Purchasing Power of Wages Has Dropped by 10.5%." The Alarm in the Istat Annual Report
From January 2019 to the end of 2024 the purchasing power of the Italian contractual wages decreased by 10.5% due to the increase in prices. If we take into account the gross de facto wages per employee, which take into account the company and individual agreements and changes in the composition of the employment, the loss stops at 4.4%, however well above 2.6% of France and 1.3% of Germany, while in Spain there was a gain of 3.9%. To put in lin…
Over 23% in Italy at risk of poverty, exclusion - Istat - General News
Almost a quarter of the Italian population, 23.1%, were at risk of poverty or social exclusion in 2024, up 0.3 of a percentage point with respect to 2023, national statistics agency Istat said in its annual report on Wednesday. (ANSA)
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