Italy Unemployment Rate at 11.2 Percent in December


The number of unemployed amounted to 2 million 875 thousand, a slight increase (+4 thousand) compared to November. On an annual basis, unemployment increased by 19.7 percent (+474 thousand), the increase affects equally men and women.

In December 2012 the unemployment rate amounted to 11.2 percent, an increase of 0.1 percentage points compared to November and 1.8 points in twelve months. The employed population is 22 million 723 thousand, a decrease of 0.5 percent compared to November (-104 thousand) and 1.2 percent on an annual basis (-278 thousand).

The employment rate, 56.4 percent, a decrease of 0.2 percentage points in comparison conjunctural and 0.6 points compared to twelve months earlier. People between 15 to 24 years old looking for work are 606 000, representing 10.0 percent of the population in this age group. The unemployment rate for 15 to 24 years olds, which is the ratio of unemployed to the total of those employed or looking, is equal to 36.6 percent, down 0.2 percentage points from the previous month and an increase of 4.9 points year-on-year.


ISTAT | Nuno Fontes | nuno@tradingeconomics.com
2/1/2013 9:18:36 AM