italy leads in freelancer growth amid changing labor market dynamics

Italy has seen a rise in its freelance sector, surpassing other European countries like Germany, France, and Spain. This growth reflects a broader trend in the professional landscape across Europe, which is crucial for knowledge-based economies.

The Rise of Freelancers in Italy

The density of freelancers in EU nations is closely linked to GDP per capita, highlighting the sector's importance in driving economic growth. A recent event focused on the role of freelancers in addressing challenges posed by artificial intelligence, with prominent figures from major tech companies and foundations participating. The event concluded with the signing of the 'Rome Call for AI Ethics' by President Stella, committing Confprofessioni to advocate for ethical practices in AI within liberal professions.

Stella emphasized the ongoing transformation of the labor market and economy, noting that while there are signs of recovery, they are not enough to overcome the setbacks caused by the pandemic. The latest report from Confprofessioni indicates a resurgence in the freelance sector, with an estimated increase of 10,000 freelancers in 2023, bringing the total to approximately 1.36 million. This represents 5.8 percent of the Italian workforce and 27 percent of self-employment in the country.

Positive Employment Trends and Challenges

The report also highlights the recovery of employers-professionals, with a notable increase of 20,000 professionals over the past two years. Female participation in the workforce has increased, particularly in southern regions, while the male workforce has seen a smaller increase. This shift indicates progress towards gender balance in the sector.

The creation of over 62,000 new jobs in professional firms in 2023, driven by a rise in permanent contracts, demonstrates positive employment trends. Various professional groups, including surveyors, physicians, engineers, and architects, have experienced significant income growth over the past three years. However, the sector faces challenges such as a decline in young professionals and an aging workforce.

The Future of Freelancing in Italy

The average age of freelancers is projected to increase, and there has been a decrease in young professionals due to demographic trends and the appeal of salaried positions. Traditional employment has seen a resurgence post-pandemic, with salaried jobs surpassing pre-COVID levels. The freelance sector has also experienced significant growth across Europe, with nearly 6 million freelancers operating across the continent.

While the overall employment rate in Italy has reached a record high, the independent labor market still faces challenges, with a net loss of self-employed jobs in recent years. The impact of freelancers on economic stability and growth will continue to be a focus for policymakers and industry leaders as the labor market evolves.

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