Welfare: Inapp, spending 28.3% GDP but only 0.2% for employment

Stop of the Eurocamera to equipment with scheduled expiry (ANSA)

(ANSA) – ROME, MARCH 30 – Spending on services and activation measures for the unemployed in Italy represents 0.2% of GDP, compared to an average European value of 0.6%, despite spending overall for social benefits is 28.3% of GDP, above the EU average (26.9%). This can be read in an Inapp study which elaborates the latest Eurostat data on social spending referring to 2019.

In the last year for which we are given passive expenditure for “old age and survivors” – emerges from the survey presented today during the conference “Work, welfare and social security: the new challenges” – absorbed over 16% of GDP while the overall expenditure for unemployment is 1.6% (0.2% of GDP for active policies and the rest for monetary transfers such as unemployment benefits).

(HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular