Italy's overall employment rate, one of the lowest in the Euro Area, edged up to a record high of 59.2 percent in June from 59.1 percent in the prior month. Employment Rate in Italy averaged 57.35 percent from 2004 until 2019, reaching an all time high of 59.20 percent in June of 2019 and a record low of 55.30 percent in September of 2013.
Employment Rate in Italy is expected to be 59.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Italy to stand at 59.50 in 12 months time. In the long-term, the Italy Employment Rate is projected to trend around 59.80 percent in 2020, according to our econometric models.