Self-employment does not restart and is still very far from pre-Covid levels

Self-employment does not restart and is still very far from pre-Covid levels despite the shy increase of 1.3% recorded last November compared to October. This is what emerges from an analysis of the Labor Consultant Studies Foundation, which draws on Istat data for the third quarter of 2021.

The dossier highlights how, in the face of a substantial recovery in employee-type employment, which has returned to the levels of 2019, self-employment is unable to reverse the trend. In the last three months of 2021, there was a decline of 350,000 employees compared to the same period of 2019, falling to 4 million and 940 thousand.

The greatest loss among women: -131 thousand employed, but also among men the recorded values ​​are high, considering an overall decrease of 219 thousand self-employed. The pandemic has undoubtedly accentuated the criticalities of a model of work, the self-employed one, which has lost appeal among workers, especially the younger ones. In fact, the self-employed between 40 and 49 years of age pay more: -223 thousand subjects in this age group, while more contained drops are recorded between 50 and 59 years with 60 thousand fewer workers.

Trade is the most affected sector: compared to 2019, in fact, more than 190 thousand self-employed people have been lost; followed by industry (43,000 fewer units) and the area of ​​technical and professional services (34,000 fewer self-employed). The construction sector, on the other hand, is in good health, with an increase in self-employment in the last two years of 2.8%.

There are also different trends from a professional point of view. The technical professions are the most impoverished ones with almost 100,000 fewer employees in the last two years. The data are no longer comforting for the intellectual and highly specialized professions: compared to 2019, in fact, 73,000 workers were lost. To penalize this world even more is the diversity of protection compared to permanent employment.

According to the survey conducted in April 2021 by Fondazione Studi and SWG, two out of three self-employed people declared that the pandemic had a negative (51.8%) or very negative (14.9%) impact on their work and 53, 5% said they experienced a reduction in income.

What, then, will be the forecasts for 2022? “The prospects for the first months of the new year leave ample room for uncertainty due to the economic consequences linked to the health emergency”, explained Rosario DeLuca, president of the Labor Consultant Studies Foundation. “There is a need to start a serious reflection around freelancers because it is self-employment that generates dependent work”.

Source: RSS Economia by

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