Long Term Unemployment Rate in Italy decreased to 5 percent in the first quarter of 2020 from 5.50 percent in the fourth quarter of 2019. source: Eurostat

Long Term Unemployment Rate in Italy averaged 5.39 percent from 1992 until 2020, reaching an all time high of 8 percent in the first quarter of 2014 and a record low of 2.60 percent in the third quarter of 2007. This page provides - Italy Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Long Term Unemployment Rate in Italy is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Italy to stand at 4.70 in 12 months time. In the long-term, the Italy Long Term Unemployment Rate is projected to trend around 4.40 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Italy Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.50 8.00 2.60 1992 - 2020 percent Quarterly

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.80 13.10 5.80 percent [+]
Employed Persons 22929.40 22846.50 23473.79 22099.40 Thousand [+]
Unemployed Persons 2467.16 2490.54 3349.09 1414.71 Thousand [+]
Part Time Employment 34551.33 36117.00 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 141029.28 142212.08 148487.11 132977.43 Hundreds Person [+]
Employment Rate 58.10 57.80 59.30 55.30 percent [+]
Labor Force Participation Rate 64.20 63.60 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.00 5.50 8.00 2.60 percent [+]
Youth Unemployment Rate 31.20 29.60 43.50 19.40 percent [+]
Labour Costs 120.80 114.60 120.80 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2502.00 2470.00 2502.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.30 103.30 113.70 2.20 points [+]
Wage Growth 0.50 0.50 15.80 0.30 percent [+]
Population 60.36 60.48 60.80 50.03 Million [+]
Retirement Age Women 67.00 67.00 67.00 59.00 [+]
Retirement Age Men 67.00 67.00 67.00 59.00 [+]
Employment Change -2.50 -0.50 1.30 -2.50 percent [+]


Italy Long Term Unemployment Rate
In Italy, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.