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https://www.rivistaeco.com/wp-content/uploads/sites/2/2024/04/ECO_1_MOCK-compresso.png8471294The two faces of the job market: more employment but lighter paychecks 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.