Labor, 427,000 hires expected by businesses in November

ROME (ITALPRESS) – Companies expect more than 427 thousand hires in November 2024 and plan about 1.3 million for the entire November 2024-January 2025 quarter . Compared to the previous year, a slight decline is estimated with -3 thousand hires planned for the month (-0.7 percent) and -34 thousand planned hires for the quarter (-2.6 percent), with differential trends according to sectors. The recruitment difficulty reported by companies remains high, involving 47.9 percent of planned hires. Outlining this scenario is the Bulletin of the Excelsior Information System, produced by Unioncamere and the Ministry of Labor and Social Policies, which draws up employment forecasts for November.Driving the demand for labor are service businesses with about 307,000 workers sought in November and 908,000 in the quarter, marking year-on-year growth (+2.5 percent in the month and +0.6 percent in the quarter). Positive expectations are expected especially for tourism and trade, sectors planning 82 thousand and 72 thousand hires respectively. More uncertain is the forecast for industry, which is looking for 121 thousand workers in the month and 360 thousand in the quarter, down from a year ago (-8% compared to November 2023 and -9.9% on the same quarter 2023).Manufacturing companies expect to hire about 78 thousand workers in the month (-9.9% compared to a year ago) and about 239 thousand in the quarter (-12.5%), while construction companies are looking for more than 43 thousand workers in November (-4.3%) and 122 thousand in the quarter (-4.3%).Fixed-term contracts remain the most proposed form of contract with 237 thousand, accounting for 55.5% of the total followed by permanent contracts (82 thousand, 19.2%). In November, there were about 205 thousand personnel searches for which businesses report difficulties in finding staff, accounting for 47.9 percent of the total planned hires. Businesses report the greatest difficulties in finding profiles to be placed in the business area “Repair Installation” (66.8 percent are difficult to find) followed by the business areas “Design and Research & Development” (57.7 percent), “Production of Goods and Service Delivery” (52.5 percent) and “General Management, Personnel and Human Resources Organization” (51.2 percent). Among the hardest job profiles to find on the market, the Excelsior Stock Exchange in the group of intellectual, scientific and specialized occupations highlights engineers (58.8 percent are hard to find) and analysts and application design specialists (55.4 percent).Among technical occupations, the hardest to find are goods and service production process management technicians (71.5 percent), health care technicians (62.9 percent) and technicians in the engineering field (57.9 percent). Aesthetic care workers (59.0 percent) and workers in food service activities (56.0 percent) are the occupations with the highest recruitment difficulty for the group of skilled professionals in trade and services. On the other hand, ironworkers toolmakers (74.5 percent) and founders, welders, tinsmiths, boilermakers, and metal carpentry fitters (74.1 percent) are the hardest-to-find occupations among skilled workers, while for conductors, automatic and semiautomatic metalworking machine workers (67 percent) and textile and garment industry machine workers (63.2 percent) stand out.Firms are looking for migrant workers to cover 86,000 expected entries in November, accounting for 20.1 percent of total contracts. Sectors with the greatest recourse to foreign labor include: transportation, logistics and warehousing services in which the demand for immigrant staff covers 29.4 percent of the total planned contracts, operational support services to businesses and people (28.3 percent), accommodation and food services (22.7 percent), construction (22.2 percent) and metallurgy (19.7 percent).Businesses are also looking for 131 thousand young people “under 30” who account for 31 percent of the planned entries for November. The largest employment opportunities for young people are in financial and insurance services (46.0% of planned hires will be filled by young people), IT and telecommunications services (45.6%), trade (39.9%), media and communication services (38.7%) and chemical-pharmaceutical, plastic and rubber industries (37.4%).At the territorial level, demand for labor from companies in the South and Islands grows (+10,000 in the month and +25,000 in the quarter), while the remaining territorial areas show a decline in both the month and the quarter.

– Photo Agency Photogram –

(ITALPRESS).