Italy Unemployment Rate Remains High in December


In December of 2013, Italian jobless rate was recorded at 12.7 percent, slightly down from a revised 12.8 percent rate for November, and near its highest in more than 40 years.

The number of unemployed persons decreased 1.0 percent over the previous month to 3.229 million persons. Compared with the same month last year, it increased 10.0 percent (+239 thousand).  

Youth unemployment rate edged was recorded at 41.6 percent, slightly down from a revised 41.7 percent in November.

The employment rate was 55.3 percent compared with 55.4 in November. In the last month of 2013, the number of employed persons fell slightly by 0.1 percent over November to 22.27 million persons and dropped 1.9 percent over a year earlier. 

The inactivity rate rose slightly by 0.1 percentage point to 36.5 percent. 

Italy Unemployment Rate Remains High in December


Istat | Joana Taborda | joana.taborda@tradingeconomics.com
1/31/2014 9:35:32 AM