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Oxfam: gig economy sentences a third of young Italian workers to starvation wages

15 6 0
22.01.2020

Report. Young people in Italy are condemned to long hours and low pay in jobs that don’t correspond to their expectations. ‘These people earn practically nothing in an economy that is based on the precariousness of underpaid and fragmented jobs.’

written by Roberto Ciccarelli

Topic Gig economy

ROME

January 22, 2020

Italy is a “stuck country” where “inequalities are perpetuated” from one generation to the next. As of mid-2019, the share of wealth held by the richest 1% in Italy was bigger than the share held by the poorest 70%.

This is according to the data from “Disuguitalia” (“Inequitaly”), a supplement that accompanies the “Time to care – Avere cura di noi” report published by Oxfam on the eve of the Davos summit: “It takes five generations for the descendants of those from the poorest 10% to reach the national average income.”

In this topsy-turvy society, one-third of the children of the poorest parents are destined to remain at the lowest income level (the bracket including the poorest 20% of the population), while 58% of........

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