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Parma Unemployment: Negative Trend in 2024

Analysis of unemployment benefit data in Parma province reveals a negative trend in 2024 due to high numbers in January, May, and June. Despite this, employment and family income are predicted to rise.

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Italian

Italy

EconomyLabour MarketItalyUnemploymentManufacturingBusiness Support

InpsChamber Of Commerce Of Emilia

Vittorio Dall'aglio

What measures are being taken to support businesses?: The Chamber of Commerce has doubled its resources to support businesses, with requests exceeding nine million euros, particularly for digital innovation and internationalization projects.
Which sector was most affected by unemployment benefits?: The manufacturing sector was the most affected, accounting for 1,171,936 hours of ordinary unemployment benefits and 20,200 hours of extraordinary benefits.
What are the employment and income predictions for the end of 2024?: Despite the increase in unemployment benefits, employment is predicted to increase by 1.5% and family income by 4.5% by the end of 2024.
How did the ordinary and extraordinary unemployment benefits compare to the same period in 2023?: Ordinary unemployment benefits increased significantly to 1,277,363 hours, almost double the number in the same period of 2023, while extraordinary benefits decreased.
What are the main reasons for the negative trend in authorized unemployment benefit hours in Parma province?: The negative trend in authorized unemployment benefit hours in Parma province during the first nine months of 2024 is mainly due to the particularly negative performance in January, May, and June.

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