Monday, March 19, 2012

Stuck in Recession, Italy Takes on Labor Laws That Divide the Generations

http://www.nytimes.com/2012/03/19/world/europe/italy-tackles-labor-laws-that-divide-young-and-old.html?_r=1&src=rechp

Assunta Linza, a bright-eyed 33-year-old with a college degree in psychology, has been unemployed since June, after losing a temporary job as a call-center operator. Her father, who is 60 and has a fifth-grade education, took early retirement with full benefits at age 42 from a job as a workman at the Italian state railway company.

The Linza family is emblematic of a yawning generational divide that experts say is crippling the Italian labor market. While older workers came of age with guaranteed jobs and ironclad contracts granting generous pensions and full benefits, younger Italians — the best-educated in the country’s history — are now paying the price. They are lucky to find temporary work, which offers few benefits or stability.

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