The Senate Labour committee on
Thursday approved a government amendment to its Jobs Act that
will simplify and broaden the scope of so-called "solidarity
contracts".
Solidarity contracts are currently those in which workers
agree to change their hours or pay conditions to prevent
redundancies.
But the changes would expand such contracts, so that it
would be possible to have reductions in hours or changes in
salaries to make it possible for a firm to take on more workers.
The aim is to "increase employment" said the government.
Unemployment in Italy has climbed to over 12% as the
country endures its third recession since the start of the
global economic crisis in 2008, with over 40% of under-25s are
jobless.
The Jobs Act bill is part of the government's efforts to
revamp the labour market to combat this problem.
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