Bloomberg News

Marcegaglia Says Joblessness Must Fall Before Changes

February 20, 2012

(Corrects to clarify Marcegaglia was speaking about jobless benefits, not overall labor reform.)

Feb. 20 (Bloomberg) -- Italy’s jobless rate must start falling before planned changes in unemployment benefits are introduced, said Emma Marcegaglia, head of employers’ lobby Confindustria.

She spoke today after meeting with unions and the government on a planned labor-market overhaul.

--Editors: Jeffrey Donovan, Dan Liefgreen

To contact the reporter on this story: Lorenzo Totaro in Rome at ltotaro@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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