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2 mn fewer employed people under 35 in 20 years - CNEL

Those between 50 and 64 have doubled since 2004

Redazione Ansa

(ANSA) - ROME, DEC 27 - The National Council on the Economy and Labour (CNEL) government think tank on Friday published a report saying Italy had two million fewer people in employment under the age of 35 over the last 25 years.
    Demographic trends weigh on the labor market with a sharp reduction in employed people under 35 and a doubling of those between 50 and 64 between 2004 and 2024, said the CNEL in its "Demography and workforce" report.
    People in work between 15 and 34 have gone from 7.6 million in the third quarter of 2004 to 5.4 million in the third quarter of 2024 with a drop of over two million units while in the same period employed people between 50 and 64 have gone from 4.5 million to over 8.9.
    There was also a significant drop in employed people aged 35 to 49 (from 9.8 million to 8.8).
    photo: CNEL Chair Renato Brunetta (ANSA).
   

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