What happens to the purchasing power of workers when inflation rises? Data allow us to reconstruct what has happened from the 1970s to 2022. They […]
1/2024
When work is not enough
Like in other countries, Italy is seeing record levels of employment. There are more salaried workers and an increase in permanent contracts. Yet, despite these statistics, many Italian families remain frustrated and dissatisfied, as their income is insufficient to escape poverty. Particularly for laborers, wages have diminished in purchasing power. The absence of a minimum wage, ineffective collective bargaining, and the diminished strength of unions—contrary to their outward portrayal—further exacerbate the situation.
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