Italy's seasonally adjusted unemployment rate held steady at 9.7 percent in November 2019, remaining close to August's seven-and-a-half-year low and slightly below market expectations of 9.8 percent, as the number of unemployed increased by 12 thousand to 2.535 million while employment rose by 41 thousand to 23.486 million. The employment rate, one of the lowest in the Eurozone rose to 59.4 percent and the activity rate increased to 66 percent, their highest levels on record. The youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to 28.6 percent from 28.2 percent.

Unemployment Rate in Italy averaged 9.47 percent from 1983 until 2019, reaching an all time high of 13.10 percent in November of 2014 and a record low of 5.80 percent in April of 2007. 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. source: National Institute of Statistics (ISTAT)

Unemployment Rate in Italy is expected to be 9.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Italy to stand at 8.80 in 12 months time. In the long-term, the Italy Unemployment Rate is projected to trend around 8.00 percent in 2020, according to our econometric models.


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Italy Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.70 9.70 13.10 5.80 1983 - 2019 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 08:00 AM Aug 9.5% 9.8% 9.9% 9.8%
2019-10-31 09:00 AM Sep 9.9% 9.6% 9.6% 9.7%
2019-11-29 09:00 AM Oct 9.7% 9.9% 9.8% 9.7%
2020-01-09 09:00 AM Nov 9.7% 9.7% 9.8% 9.5%
2020-01-30 09:00 AM Dec 9.7% 9.7% 9.6%


News Stream
2019-11-29
Italy Jobless Rate Falls More than Expected
The seasonally adjusted unemployment rate in Italy decreased to 9.7 percent in October 2019 from 9.9 percent in the previous month and below market expectations of 9.8 percent. Unemployed persons declined 1.7 percent while employed people increased 0.2 percent.

2019-10-31
Italy Jobless Rate Rises in September
The seasonally adjusted unemployment rate in Italy increased to 9.9 in September 2019 from an upwardly revised 9.6 percent in the previous month and well above market expectations of 9.6 percent. Unemployed people went up 3 percent while employment edged down 0.1 percent.

2019-09-30
Italy Jobless Rate Drops to Lowest Since 2011
The seasonally adjusted unemployment rate in Italy fell to 9.5 percent in August of 2019 from a downwardly revised 9.8 percent in the previous month and below market expectations of 9.9 percent. It was the lowest jobless rate since November of 2011.

2019-08-30
Italy Jobless Rate Edges Up to 9.9% in July
The seasonally adjusted unemployment rate in Italy rose slightly to 9.9 percent in July 2019 from an upwardly revised 9.8 percent in the previous month and above market expectations of 9.6 percent.

2019-07-31
Italy Jobless Rate Falls to Near 7-1/2-Year Low of 9.7%
The seasonally adjusted unemployment rate in Italy decreased to 9.7 percent in June of 2019 from a downwardly revised 9.8 percent in the previous month and below market expectations of 10 percent. It was the lowest jobless rate since January of 2012.

2019-07-01
Italy Jobless Rate Falls to Lowest Since 2012
The seasonally adjusted unemployment rate in Italy fell to 9.9 percent in May of 2019 from a downwardly revised 10.1 percent in the previous month and below market expectations of 10.3 percent. It was the lowest jobless rate since February of 2012.


Italy Unemployment Rate
In Italy, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.70 13.10 5.80 percent [+]
Employed Persons 23486.34 23445.73 23486.34 22107.24 Thousand [+]
Unemployed Persons 2534.53 2522.27 3346.81 1409.55 Thousand [+]
Part Time Employment 36964.59 37211.83 37211.83 19609.13 Hundreds Person [+]
Full Time Employment 144862.02 144587.23 148487.11 132977.43 Hundreds Person [+]
Employment Rate 59.40 59.30 59.40 55.30 percent [+]
Labor Force Participation Rate 66.00 65.80 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.20 5.60 8.00 2.60 percent [+]
Youth Unemployment Rate 28.60 28.20 43.50 19.40 percent [+]
Labour Costs 110.70 111.90 111.90 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2467.00 2436.00 2467.00 1176.00 EUR/Month [+]
Wages in Manufacturing 102.80 102.80 113.70 2.20 points [+]
Wage Growth 0.60 0.60 15.80 0.30 percent [+]
Population 60.48 60.59 60.80 50.03 Million [+]
Retirement Age Women 67.00 66.58 67.00 59.00 [+]
Retirement Age Men 67.00 66.58 67.00 59.00 [+]
Living Wage Family 1440.00 1460.00 1460.00 1320.00 EUR/Month [+]
Living Wage Individual 935.00 950.00 950.00 825.00 EUR/Month [+]
Employment Change 0.10 0.30 1.30 -0.90 percent [+]
Wages Low Skilled 1130.00 1330.00 1390.00 1130.00 EUR/Month [+]
Wages High Skilled 2340.00 2500.00 2650.00 2340.00 EUR/Month [+]