30  The Governor’s Concluding Remarks Annual Report 2020  BANCA D’ITALIA  Figure 5  Loss of labour income during the pandemic in Italy  (households, by income quintile of labour income; percentage changes) 0  0  -2  -2  -4  -4  -6  -6  -8  -8  -10  -10  -12  -12  Without social safety nets With ordinary social safety nets With ordinary and COVID-19 extraordinary social safety nets  -14 -16  1  2  3  4  5  -14 -16  Sources: Based on data from Istat’s labour force survey.
Note: Estimated average percentage losses in labour income in the first half of 2020 compared with the fourth quarter of 2019, for households with at least one person employed in the initial period; households are distinguished by quintile of equivalized labour income in the fourth quarter of 2019.