Labour Costs in Italy increased to 113.80 points in the second quarter of 2021 from 113.10 points in the first quarter of 2021. source: National Institute of Statistics (ISTAT)

Labour Costs in Italy averaged 90.31 points from 1980 until 2021, reaching an all time high of 117 points in the second quarter of 2020 and a record low of 44.50 points in the first quarter of 1980. This page provides the latest reported value for - Italy Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Labour Costs - values, historical data and charts - was last updated on October of 2021.

Labour Costs in Italy is expected to be 109.38 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Labour Costs is projected to trend around 111.43 points in 2022 and 113.22 points in 2023, according to our econometric models.

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Italy Labour Costs

Italy Last Unit Reference Previous Highest Lowest
Unemployment Rate 9.30 percent Aug/21 9.30 13.30 5.90
Unemployed Persons 2327.02 Thousand Aug/21 2331.08 3380.05 1418.09
Employed Persons 22783.21 Thousand Aug/21 22863.17 23463.80 21917.16
Full Time Employment 143060.67 Hundreds Person Dec/20 142891.60 148487.11 132977.43
Part Time Employment 35061.53 Hundreds Person Dec/20 34901.68 37249.12 19609.13
Employment Rate 58.10 percent Aug/21 58.30 59.30 54.80
Labor Force Participation Rate 64.50 percent Jul/21 64.60 66.00 61.20
Youth Unemployment Rate 27.70 percent Jul/21 29.30 43.40 19.50
Labour Costs 113.80 points Jun/21 113.10 117.00 44.50
Productivity 104.90 points Dec/17 104.60 108.50 24.50
Wages in Manufacturing 104.50 points Aug/21 104.50 104.50 2.00
Wage Growth 0.70 percent Aug/21 0.70 15.80 0.30