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INPS on Italian Youth Employment and Pension Sustainability

INPS assesses the Italian youth employment situation and the implications for the pension system, highlighting recent positive trends and the importance of policies promoting regular work and skills development.

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Italian

Kosovo

EconomyEuropean UnionLabour MarketItalyEmploymentYouthPension

InpsUniversità Bocconi

Gabriele FavaGianfranco SantoroValeria Vittimberga

What is INPS's approach to informing young people about the pension system?: INPS highlights the importance of a fully contributory pension system for young people, emphasizing the need to inform them about its workings. The goal is to ensure the long-term sustainability of the pension system.
What is the INPS president's view on the new maneuver's impact on youth employment?: The INPS president, Gabriele Fava, considers the tax break for hiring under-35s a positive start, viewing the new maneuver as prudent and beneficial for youth employment.
What measures does INPS consider crucial for a strong pension system in the future?: INPS emphasizes the need for regular job opportunities for young people, reducing transition times between education/training and employment, and using acquired skills to increase productivity and reduce skill mismatches.
What are the employment statistics for young people (18-34) in Italy, according to INPS?: According to INPS data, approximately 7 million young people aged 18-34 are employed in Italy, with 80% showing stable contributions over the past five years. Those lacking stable employment can utilize social safety nets and support programs.
What is the overall assessment of the current employment situation in Italy according to INPS?: The INPS director general, Valeria Vittimberga, points to a positive employment situation in 2023, with increases in employment and stable full-time jobs. This trend is considered crucial for the Italian economy and the pension system's balance.

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