Italy's unemployment rate rose to 10.6 percent in October 2018 from an upwardly revised 10.3 percent in the previous month and above market expectations of 10.1 percent. The number of unemployed increased by 2.4 percent while employment remained broadly stable. Unemployment Rate in Italy averaged 9.46 percent from 1983 until 2018, 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 10.30 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 9.70 in 12 months time. In the long-term, the Italy Unemployment Rate is projected to trend around 8.80 percent in 2020, according to our econometric models.

Italy Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 08:00 AM Unemployment Rate 10.4% 10.8% 10.8% 10.7%
2018-10-01 08:00 AM Unemployment Rate 9.7% 10.2% 10.5% 10.5%
2018-10-31 09:00 AM Unemployment Rate 10.1% 9.8% 9.9% 9.7%
2018-11-30 09:00 AM Unemployment Rate 10.6% 10.3% 10.1% 9.9%
2019-01-09 09:00 AM Unemployment Rate 10.6%
2019-01-24 09:00 AM Unemployment Rate 10.3%
2019-03-01 09:00 AM Unemployment Rate



Italy Jobless Rate Rises Unexpectedly in October



Italy's unemployment rate rose to 10.6 percent in October 2018 from an upwardly revised 10.3 percent in the previous month and above market expectations of 10.1 percent. The number of unemployed increased by 2.4 percent while employment remained broadly stable.

The number of unemployed increased by 64 thousand from the previous month to 2.746 million in October, while the number of employed was virtually unchanged at 23.255 million and those detached from the labour force decreased by 77 thousand to 13.201 million.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to 32.5 percent from 32.4 percent in September. 

The country's overall employment rate, one of the lowest in the Euro Area, rose to 58.7 percent in October from 58.6 percent in the previous period. The labour force participation rate went up to 65.8 percent from 65.6 percent.

In the three months to October, unemployment fell by 70 thousand and employment by 40 thousand compared with the May-to-July period. Temporary employment increased while permanent contracts declined.


Istat | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/30/2018 9:43:33 AM



Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.60 10.30 13.10 5.80 percent [+]
Employed Persons 23254.79 23307.66 23375.45 22110.80 Thousand [+]
Unemployed Persons 2746.18 2612.81 3348.89 1411.38 Thousand [+]
Part Time Employment 35331.72 35397.50 35825.92 19609.13 Hundreds Person [+]
Full Time Employment 141063.95 142513.62 148487.11 132977.43 Hundreds Person [+]
Employment Rate 58.70 58.60 58.90 55.30 percent [+]
Labor Force Participation Rate 65.80 65.60 65.90 61.70 percent [+]
Long Term Unemployment Rate 6.40 6.70 8.00 2.60 percent [+]
Youth Unemployment Rate 32.50 32.40 43.30 19.40 percent [+]
Labour Costs 107.00 105.00 108.50 44.50 Index Points [+]
Productivity 104.90 104.60 108.50 24.50 Index Points [+]
Wages 2434.00 2431.00 2434.00 1165.00 EUR/Month [+]
Wages in Manufacturing 113.70 113.50 113.70 2.20 Index Points [+]
Wage Growth 1.80 1.90 15.80 0.30 percent [+]
Population 60.48 60.59 60.80 50.03 Million [+]
Retirement Age Women 65.58 65.58 65.58 59.00 [+]
Retirement Age Men 66.58 66.58 66.58 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 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 [+]
Employment Change 0.50 0.20 1.10 -0.90 percent [+]


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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.60 10.30 13.10 5.80 1983 - 2018 percent Monthly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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