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Italy Unemployment Rate
Last Release
Nov 30, 2024
Actual
5.7
Units In
%
Previous
5.8
Frequency
Monthly
Next Release
Jan 30, 2025
Time to Release
21 Days 9 Hours
Highest | Lowest | Average | Date Range | Source |
13.3 Nov 2014 | 5.7 Nov 2024 | 9.38 % | 1983-2024 | National Institute of Statistics (ISTAT) |
In Italy, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Latest Updates
The unemployment rate in Italy dropped to 5.7% in November 2024, below market expectations of 6% and down from 5.8% in the previous month. This marked the lowest level since records began in January 1983, extending the period of tightness in the Italian labor market. The number of unemployed individuals fell by 24,000 to 1,457,000, which was the lowest since April 2007. Meanwhile, the number of net employment decreased by 13,000 to 24,065,000. The labor force participation rate held steady at 66.3%, its lowest in 21 months.
Italy Unemployment Rate History
Last 12 readings
