Young French people are demonstrating against the approval of the law for the first job “CPE” Contract Première Embauche.
According to the intentions of the French Government, the law should reduce unemployment.
As the young people see it, it’s exactly the opposite. For them, employment would become “precarious” with no prospect of development.
In fact the CPE allows for the sacking of a young person up to the age of 26 years with no reason given.
Unfortunately the demonstrations are degenerating into clashes with the police and general disorderliness. Some commentators are talking of a “French Wind” that may blow into Italy.
Employment rates for young people in Italy have reached one of their worst levels. Data from OCSE show unemployment levels at 24% and starvation wages for 60.9% of the young people up to the age of 25, at less than two thirds of the average salary for a full time worker.
The Bank of Italy has estimated in its Bollettino statistico that 49.8% of the Italian people in the age range from 15 to 29 years have found work in 2005 only thanks to “short term contracts”.
Data from IRES CGIL shows that 22.3% of those with a job in the age range between 25 and 32 earns less than 800 Euro a month.
Overall, we can see that this is a disaster on the scale of Caporetto falling on the young people, and not a growth in employment.
Here if something has grown it’s the debts of this country and the cheek of the current Minister of the Economy who sheds doubt on the data from ISTAT and from the Bank of Italy.
It is a serious situation that must be dealt with straight away by the next Government to review the Biagi Law which unfortunately has often been applied only to increase company profits whilst ignoring the future of the country, the only one that we have: our young people.