Italy Unemployment Rate

Unemployment Rate in Italy remained unchanged at 12.60 percent in May of 2014 from 12.60 percent in April of 2014. Unemployment Rate in Italy averaged 9.17 Percent from 1983 until 2014, reaching an all time high of 12.80 Percent in November of 2013 and a record low of 5.90 Percent in April of 2007. Unemployment Rate in Italy is reported by the National Institute of Statistics (ISTAT).

   
 
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Italy Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
12.60 12.50 12.80 5.90 1983 - 2014 Percent Monthly
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 - Italy Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


Italian Unemployment Rate Rises in May


Italian seasonally adjusted jobless rate increased to 12.6 percent in May of 2014 from a revised 12.5 percent in the previous month, and from 12.2 percent a year earlier.

The number of unemployed was recorded at 3,222 thousand persons in May of 2014, an increase of 0.8 percent compared to the previous month (26 thousand) and 4.1 percent compared to May of 2013 (+127 thousand). 

The employment rate was 55.5 percent, an increase of 0.1 percentage points from April but lower by 0.1 percentage points compared to a year earlier. 

The number of employed amounted to 22,360 thousand persons, an increase of 0.2 percent compared to the previous month (52 thousand), but lower by 0.3 percent compared to May of 2013 (-61 thousand).

Youth unemployment rate fell to 43.0 percent from 43.3 percent in April.

Istat | Isabel Felino | isabel.felino@tradingeconomics.com
7/1/2014 1:20:49 PM


Recent Releases

Italy Unemployment Rate at 12.6%
Italian seasonally adjusted jobless rate was recorded at 12.6 percent in April of 2014, stable from a downwardly revised 12.6 percent in March. Published on 2014-06-03

Italian Unemployment Rate Unchanged in March
In March, Italy's seasonally adjusted jobless rate was unchanged at 12.7 percent, slightly down from January's all-time high of 12.9 percent. Compared to the same month of the previous year the rate is up by 0.7 percentage points. Published on 2014-04-30


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-01 09:00 AM Italy
Unemployment Rate
Feb 2014 13.0% 12.9% 12.9% 12.9%
2014-04-30 09:00 AM Italy
Unemployment Rate
Mar 2014 12.7% 12.7% (R) 13.0% 13%
2014-06-03 09:00 AM Italy
Unemployment Rate
Apr 2014 12.6% 12.6% (R) 12.7% 12.7%
2014-07-01 09:00 AM Italy
Unemployment Rate
May 2014 12.6% 12.5% (R) 12.6% 12.8%
2014-07-31 09:00 AM Italy
Unemployment Rate
Jun 2014 12.6% 12.6% 12.6%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.60 12.50 12.80 5.90 Percent [+]
Employed Persons 22360.26 22308.71 23515.79 22254.64 Thousand [+]
Unemployed Persons 3222.24 3196.55 3299.20 1433.68 Thousand [+]
Long Term Unemployment Rate 8.00 7.40 8.00 2.60 percent [+]
Youth Unemployment Rate 43.00 43.20 43.20 19.00 Percent [+]
Productivity 125.70 124.40 125.70 24.50 Index Points [+]
Labor Force Participation Rate 63.90 63.90 64.10 57.20 Percent [+]
Wages 105.30 105.20 118.10 25.40 Index Points [+]
Wages in Manufacturing 108.70 108.70 122.20 2.60 Index Points [+]
Labour Costs 125.70 124.40 125.70 44.50 Index Points [+]
Population 59.69 59.39 59.69 50.20 Million [+]
Retirement Age Women 62.25 62.00 62.25 59.00 [+]
Retirement Age Men 66.00 66.00 66.00 59.00 [+]





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