Italy Unemployment Rate  1983-2017 | Data | Chart | Calendar | Forecast

Italy's seasonally adjusted jobless rate increased to 11.7 percent in March of 2017 compared to 11.5 percent in February and higher than market expectations of 11.5 percent. The number of unemployed increased by 41.4 thousand from the previous month and employed persons fell slightly by 6.7 thousand. Meanwhile, the employment rate stood at 57.6 percent. Unemployment Rate in Italy averaged 9.39 percent from 1983 until 2017, reaching an all time high of 13 percent in November of 2014 and a record low of 5.70 percent in April of 2007.

Italy Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-02 09:00 AM Jan 11.9% 11.9% 12% 11.9%
2017-04-03 08:00 AM Feb 11.5% 11.8% 11.9% 11.8%
2017-05-02 08:00 AM Mar 11.7% 11.5% 11.5% 11.4%
2017-05-31 08:00 AM Apr 11.7% 11.3%
2017-07-03 08:00 AM May 11.2%
2017-07-31 08:00 AM Jun 11.2%




Italy Unemployment Rate Unexpectedly Rises In March


Italy's seasonally adjusted jobless rate increased to 11.7 percent in March of 2017 from 11.5 percent in February and higher than market expectations of 11.5 percent. The number of unemployed increased by 1.4 percent from the previous month and employment was almost unchanged.

There were 3.022 million unemployed people in March 2017, 41 thousand more than in the previous month. Employment fell slightly by 7 thousand to 22.870 million and those detached from the labour force went down by 34 thousand to 13.436 million.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 34.1 percent, the lowest level since February 2012, from 34.5 percent in February.

Italy's overall employment rate, one of the lowest in the Euro Area, stood at 57.6 percent, unchanged from the previous month.

Istat |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/2/2017 12:15:04 PM



Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.70 11.50 13.00 5.70 percent [+]
Employed Persons 22870.39 22877.12 23188.66 22126.36 Thousand [+]
Unemployed Persons 3021.99 2980.56 3345.45 1382.36 Thousand [+]
Part Time Employment 35459.63 34633.09 35459.63 19609.13 Hundreds Person [+]
Full Time Employment 138644.18 140348.62 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.58 57.59 58.90 55.30 percent [+]
Labor Force Participation Rate 65.50 64.80 65.50 57.20 percent [+]
Long Term Unemployment Rate 6.90 6.30 8.00 2.60 percent [+]
Youth Unemployment Rate 34.10 34.50 44.10 18.20 percent [+]
Labour Costs 105.44 105.19 107.74 44.50 Index Points [+]
Productivity 105.44 105.19 107.97 24.50 Index Points [+]
Wages 2167.84 2140.98 2167.84 1482.88 EUR/Month [+]
Wages in Manufacturing 112.00 111.90 112.00 2.20 Index Points [+]
Wage Growth 0.40 0.30 15.80 0.30 percent [+]
Population 60.67 60.80 60.80 50.03 Million [+]
Retirement Age Women 65.58 65.58 65.58 59.00 [+]
Retirement Age Men 66.58 66.58 66.58 59.00 [+]
Employment Change 0.30 -0.10 1.10 -0.90 percent [+]
Wages Low Skilled 1250.00 1240.00 1660.00 1240.00 EUR/Month [+]
Wages High Skilled 2370.00 2360.00 2500.00 2340.00 EUR/Month [+]
Living Wage Family 1185.10 1159.00 2100.00 1136.00 EUR/Month [+]
Living Wage Individual 940.30 911.80 991.00 900.90 EUR/Month [+]


Italy Unemployment Rate Notes

In Italy, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Italy Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
11.70 11.50 13.00 5.70 1983 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17