Italy Unemployment Rate

Country:
Italy
EUR, Euro
Sector:
Labor
Medium 7.2% 7.3%
7.2%
Last release Importance Actual Forecast
Previous
7.2%
7.2%
Next release Actual Forecast
Previous
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Italy's Unemployment Rate economic indicator measures the percentage of unemployed people among the total labor force. An unemployed person is defined as someone aged 15-74 without work, who has actively sought employment during the last four weeks and is available to start work within the next two weeks. The month-over-month indicator measures a change in the unemployment rate in the given month compared to the previous month. The indicator is seasonally adjusted.

The recent statistics show that the unemployment rate can be higher in some of the Southern Italian regions, while it is lower in regions situated in North. Nationwide youth unemployment rates are even higher. As a consequence of this, a lot of young people live with their parents.

The downward tendencies have a positive effect on the currency of a country (EUR as far as Italy is concerned), because the employed people spend more money and therefore the consumption represents a significant part of the GDP, therefore lower values are taken as positive for the EUR (bullish). Rising readings result in loss of income for individuals and increased pressure on government due to social benefits, and thus high unemployment rates are considered negative (bearish) for the EUR.

Last values:

actual data

forecast

The chart of the entire available history of the "Italy Unemployment Rate" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jan 2024
7.2%
7.3%
7.2%
Dec 2023
7.2%
7.6%
7.4%
Nov 2023
7.5%
7.6%
7.8%
Oct 2023
7.8%
7.3%
7.6%
Sep 2023
7.4%
7.4%
7.3%
Aug 2023
7.3%
7.5%
7.6%
Jul 2023
7.6%
7.5%
7.5%
Jun 2023
7.4%
7.7%
7.5%
May 2023
7.6%
7.8%
7.8%
Apr 2023
7.8%
7.9%
7.9%
Mar 2023
7.8%
8.0%
7.9%
Feb 2023
8.0%
7.8%
8.0%
Jan 2023
7.9%
7.8%
7.8%
Dec 2022
7.8%
7.8%
7.8%
Nov 2022
7.8%
7.8%
7.9%
Oct 2022
7.8%
7.8%
7.9%
Sep 2022
7.9%
7.8%
7.9%
Aug 2022
7.8%
8.0%
7.9%
Jul 2022
7.9%
8.1%
8.0%
Jun 2022
8.1%
8.3%
8.2%
May 2022
8.1%
8.4%
8.3%
Apr 2022
8.4%
8.4%
8.4%
Mar 2022
8.3%
8.7%
8.5%
Feb 2022
8.5%
8.9%
8.6%
Jan 2022
8.8%
9.1%
9.0%
Dec 2021
9.0%
9.3%
9.1%
Nov 2021
9.2%
9.3%
9.4%
Oct 2021
9.4%
9.3%
9.2%
Sep 2021
9.2%
9.3%
9.3%
Aug 2021
9.3%
9.5%
9.3%
Jul 2021
9.3%
10.1%
9.4%
Jun 2021
9.7%
10.6%
10.2%
May 2021
10.5%
10.4%
10.7%
Apr 2021
10.7%
10.2%
10.4%
Mar 2021
10.1%
9.6%
10.2%
Feb 2021
10.2%
9.0%
10.3%
Dec 2020
9.0%
9.4%
8.8%
Nov 2020
8.9%
9.7%
9.5%
Oct 2020
9.8%
9.7%
9.7%
Sep 2020
9.6%
8.3%
9.7%
Aug 2020
9.7%
8.4%
9.8%
Jul 2020
9.7%
8.3%
9.3%
Jun 2020
8.8%
8.4%
8.3%
May 2020
7.8%
9.0%
6.6%
Apr 2020
6.3%
9.4%
8.0%
Mar 2020
8.4%
9.8%
9.3%
Feb 2020
9.7%
9.8%
9.8%
Jan 2020
9.8%
9.6%
9.8%
Dec 2019
9.8%
9.6%
9.8%
Nov 2019
9.7%
9.6%
9.7%

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