The unemployment rate in Italy edged down to 9.3% in July of 2021 from a downwardly revised 9.4% in June, well below market forecasts of 9.7%. It is the lowest reading since May last year, as both employed (-23K) and unemployed (-29K) declined while the number of inactive people increased (+28K). The youth unemployment rate tumbled to 27.7% from 29.3%. "The strong growth recorded in the previous five months resulted in a balance of 550,000 more employed persons compared to January 2021. However, we have not yet returned to pre-pandemic levels. The number of employed people is more than 260,000 lower, the employment and unemployment rates remain lower, while the inactivity rate is 0.7 percentage points higher," ISTAT said. source: National Institute of Statistics (ISTAT)

Unemployment Rate in Italy averaged 9.52 percent from 1983 until 2021, reaching an all time high of 13.30 percent in November of 2014 and a record low of 5.90 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. Italy Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Unemployment Rate in Italy is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Unemployment Rate is projected to trend around 9.40 percent in 2022 and 9.10 percent in 2023, according to our econometric models.

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Italy Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.30 9.40 13.30 5.90 1983 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-01 08:00 AM Apr 10.7% 10.4% 10.1% 10%
2021-07-01 08:00 AM May 10.5% 10.7% 10.8% 10.8%
2021-07-30 07:00 AM Jun 9.7% 10.2% 10.4% 10.6%
2021-09-01 08:00 AM Jul 9.3% 9.4% 9.7% 9.6%
2021-09-30 08:00 AM Aug 9.3% 9.2% 9.2%
2021-11-03 09:00 AM Sep 9.1%
2021-12-02 09:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Italy Unemployment Rate Lowest since May 2020
The unemployment rate in Italy edged down to 9.3% in July of 2021 from a downwardly revised 9.4% in June, well below market forecasts of 9.7%. It is the lowest reading since May last year, as both employed (-23K) and unemployed (-29K) declined while the number of inactive people increased (+28K). The youth unemployment rate tumbled to 27.7% from 29.3%. "The strong growth recorded in the previous five months resulted in a balance of 550,000 more employed persons compared to January 2021. However, we have not yet returned to pre-pandemic levels. The number of employed people is more than 260,000 lower, the employment and unemployment rates remain lower, while the inactivity rate is 0.7 percentage points higher," ISTAT said.
2021-09-01
Italy Jobless Rate Lowest in 7 Months
The unemployment rate in Italy declined to 9.7% in June of 2021 from a downwardly revised 10.2% in May, well below market forecasts of 10.4%. It is the lowest level in 7 months as the economy added 166K jobs and the number of jobless people fell by 131K. There was also lees inactive people (-34K). The youth unemployment rate fell to 29.4% from 30.7% the month before, hitting its lowest level for more than a year. Considering Q2, employment rose by 223K and unemployment declined by 20K.
2021-07-30
Italy Jobless Rate Drops to 10.5%
The unemployment rate in Italy fell to 10.5% in May of 2021 from 10.7% in April which was the highest rate since October 2018. Figures came below market forecasts of 10.8%. The number of unemployed people went down by 36K to 2.62 million, mainly women and all age classes except 25-34 years old. There were 30K less inactive people aged, mainly men and employment increased by 36K to 22.4 million, mainly for men and under 35. Overall, the employment rate went up to 57.2% from 57%.
2021-07-01
Italy Jobless Rate Rises to 2-1/2-Month High
Italy's unemployment rate increased to 10.7 percent in April of 2021 from an upwardly revised 10.4 percent in the previous month and above market expectations of 10.1 percent. It was the highest jobless rate since October 2018.
2021-06-01

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.