The unemployment rate in Italy edged higher to 9.4 percent in October of 2021 from 9.2 percent in the previous month, surpassing market expectations of 9.1 percent. The number of employed increased by 35 thousand to 23 million, while the number of inactive people fell by 79 thousand to 13.4 million people. The youth unemployment rate, measuring job seekers between 15 and 24 years old, decreased to 28.2 percent from a downwardly revised 29.6 percent in September. 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 December of 2021.
Unemployment Rate in Italy is expected to be 9.20 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.