Italians protest labor law changes

Rallying in front of the basilica of St. John Lateran on Friday, the protesters who were members of the Fiom metalworkers’ union — member of the country’s biggest union, [CGIL] waved red flags to protest their government’s new plans for market regulations, saying that the Prime Minister Mario Monti’s reforms will result in higher unemployment rates.

“It is not by easing firings that you resolve the problem,” Fiom secretary general Maurizio Landini said at the start of the protest.

Previously, the Prime Minister Mario Monti had proposed new plans to make the country’s labor market more flexible and also increase the figure of Women and young people in the workforce.

The protests come as Italy is struggling with a weak economy, which has led the government of Premier Monti to resort to harsh austerity measures to help its economic growth.

Despite Rome’s efforts, the country has, however, remained in recession for nearly a year now. The Bank of Italy predicts that the poverty will persist for at least the rest of 2011. The Bank is forecasting the country’s gross domestic product will fall about 1.5 percent this year.

Far-right activists, anti-railway protesters, and construction workers had also held demonstrations in the Italian capital against on Saturday to protest against the rising cost of living in Italy.

Newly released data shows Italy’s unemployment rate at a monthly record high of 9.2 percent in January, up from 8.9 percent in December; with the figure toping 31 percent for young people aged 15 to 24.

VG/MY/JR

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