Italy Unemployment Rate  1983-2016 | Data | Chart | Calendar | Forecast

The unemployment rate in Italy decreased to 11.6 percent in October of 2016 from 11.7 percent in the previous month. However, the economy shed 30 thousand jobs and 82 thousand more people left the labour force. Unemployment Rate in Italy averaged 9.36 percent from 1983 until 2016, reaching an all time high of 13.10 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)
2016-09-30 08:00 AM Aug 11.4% 11.4% 11.4% 11.4%
2016-11-03 09:00 AM Sep 11.7% 11.5% 11.4% 11.2%
2016-12-01 09:00 AM Oct 11.6% 11.7% 11.6% 11.5%
2017-01-06 09:00 AM Nov 11.6%
2017-02-02 09:00 AM Dec 11.6%
2017-03-01 09:00 AM Jan 11.6%




Italy Unemployment Rate Falls to 11.6%


The jobless rate in Italy decreased to 11.6 percent in October of 2016 from 11.7 percent in the previous month, matching market expectations. However, the economy shed 30 thousand jobs and 82 thousand more people left the labour force.

There were 2.989 million unemployed people, 37 thousand less than in the previous month. Employment fell by 30 thousand to 22.75 million and those detached from the labour force increased by 82 thousand to 13.64 million. As a result, the employment rate declined by 0.1 percentage point to 57.2 percent and the inactivity rate rose by 0.2 percentage points to 35.1 percent.
 
Unemployment was steady at 11 percent for men but fell by 0.3 percentage points to 12.4 percent for women as more women were detached from the labour force. The inactivity rate for women went up by 0.3 percentage points to 45 percent while for men it increased by a smaller 0.1 percentage point to 25.2 percent.
 
Among youth, unemployment declined by 0.4 percentage points to 36.4 percent.

Istat | Joana Taborda | joana.taborda@tradingeconomics.com
12/1/2016 11:49:32 AM



Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.60 11.70 13.10 5.70 percent [+]
Employed Persons 22752.92 22836.34 23182.24 22098.95 Thousand [+]
Unemployed Persons 2989.25 3016.09 3359.18 1379.15 Thousand [+]
Part Time Employment 34549.53 34311.47 34549.53 19609.13 Hundreds Person [+]
Full Time Employment 139145.24 135326.23 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.46 57.26 58.90 55.30 percent [+]
Labor Force Participation Rate 65.30 64.20 65.30 57.20 percent [+]
Long Term Unemployment Rate 6.80 6.90 8.00 2.60 percent [+]
Youth Unemployment Rate 37.10 38.30 43.60 17.90 percent [+]
Labour Costs 110.69 109.01 110.69 44.50 Index Points [+]
Productivity 110.69 109.01 110.69 24.50 Index Points [+]
Wages 2167.84 2140.98 2167.84 1482.88 EUR/Month [+]
Wage Growth 0.60 0.60 16.00 0.60 percent [+]
Wages in Manufacturing 111.80 111.70 111.80 2.20 Index Points [+]
Population 60.80 60.78 60.80 50.03 Million [+]
Retirement Age Women 63.80 62.70 63.80 59.00 [+]
Retirement Age Men 66.30 66.15 66.30 59.00 [+]
Employment Change 0.50 0.40 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 2130.00 2100.00 2130.00 2100.00 EUR/Month [+]
Living Wage Individual 991.00 991.00 991.00 977.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
11.60 11.70 13.10 5.70 1983 - 2016 percent Monthly



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