Italy's unemployment rate decreased to 10.2 percent in March 2019 from a downwardly revised 10.5 percent in the prior month and below market expectations of 10.7 percent. It is the lowest jobless rate since August, as the number of unemployed fell by 3.5 percent while employment rose 0.3 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.

Unemployment Rate in Italy is expected to be 9.90 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 9.20 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.

Italy Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 09:00 AM Unemployment Rate 10.3% 10.5% 10.6% 10.3%
2019-03-01 09:00 AM Unemployment Rate 10.5% 10.4% 10.4% 10.2%
2019-04-01 08:00 AM Unemployment Rate 10.7% 10.5% 10.5% 10.2%
2019-04-30 08:00 AM Unemployment Rate 10.2% 10.5% 10.7% 10.5%
2019-06-04 08:00 AM Unemployment Rate 10.2% 10.1%
2019-07-01 08:00 AM Unemployment Rate 10%
2019-07-31 08:00 AM Unemployment Rate 9.9%



Italy Jobless Rate Drops to 7-month Low of 10.2%

Italy's unemployment rate decreased to 10.2 percent in March 2019 from a downwardly revised 10.5 percent in the prior month and below market expectations of 10.7 percent. It is the lowest jobless rate since August, as the number of unemployed fell by 3.5 percent while employment rose 0.3 percent.

The number of unemployed declined by 96 thousand from the previous month to 2.641 million in March 2019, while the number of employed increased by 60 thousand to 23.291 million and those detached from the labour force decreased by 6 thousand to 13.197 million.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to 30.2 percent from a downwardly revised 31.8 percent in the prior month.

By genders, the jobless rate was lower for men (9.4 percent vs 9.7 percent in February) than for women (11.3 percent vs 11.7 percent).

The country's overall employment rate, one of the lowest in the Euro Area, went up to 58.9 percent in March from 58.6 percent in the previous month. The labor force participation rate stood at 65.7 percent for the third straight month.

On an annual basis, unemployment declined by 208 thousand and employment rose by 114 thousand while inactive fell by 35 thousand.


Istat | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
4/30/2019 9:46:54 AM



Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 10.50 13.10 5.80 percent [+]
Employed Persons 23290.75 23210.79 23326.58 22112.58 Thousand [+]
Unemployed Persons 2641.18 2771.03 3346.03 1412.49 Thousand [+]
Part Time Employment 35938.62 35080.58 36415.20 19609.13 Hundreds Person [+]
Full Time Employment 142720.63 144859.08 148487.11 132977.43 Hundreds Person [+]
Employment Rate 58.90 58.60 58.90 55.30 percent [+]
Labor Force Participation Rate 65.70 65.70 65.90 61.60 percent [+]
Long Term Unemployment Rate 5.60 6.40 8.00 2.60 percent [+]
Youth Unemployment Rate 30.20 31.80 43.40 19.40 percent [+]
Productivity 104.90 104.60 108.50 24.50 Index Points [+]
Labour Costs 108.70 108.60 108.70 44.50 Index Points [+]
Wages 2434.00 2431.00 2434.00 1165.00 EUR/Month [+]
Wages in Manufacturing 102.10 102.00 113.70 2.20 Index Points [+]
Wage Growth 1.50 1.60 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 [+]
Wages High Skilled 2340.00 2500.00 2650.00 2340.00 EUR/Month [+]
Employment Change -0.30 0.60 1.10 -0.90 percent [+]
Wages Low Skilled 1130.00 1330.00 1390.00 1130.00 EUR/Month [+]


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. 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. Italy Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.20 10.50 13.10 5.80 1983 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Mar/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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