Labor Force Participation Rate in Italy increased to 62.70 percent in May from 62.10 percent in April of 2020.

Labor Force Participation Rate in Italy averaged 63.49 percent from 2004 until 2020, reaching an all time high of 66 percent in March of 2019 and a record low of 61.60 percent in August of 2010. This page provides the latest reported value for - Italy Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2020. source: National Institute of Statistics (ISTAT)

Labor Force Participation Rate in Italy is expected to be 60.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Italy to stand at 60.40 in 12 months time. In the long-term, the Italy Labor Force Participation Rate is projected to trend around 60.90 percent in 2021 and 61.50 percent in 2022, according to our econometric models.

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Italy Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.70 62.10 66.00 61.60 2004 - 2020 percent Monthly
SA

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 6.60 13.00 5.80 percent [+]
Employed Persons 22776.89 22860.86 23430.91 22099.40 Thousand [+]
Unemployed Persons 1933.05 1626.25 3347.99 1414.38 Thousand [+]
Part Time Employment 36117.00 37249.12 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 142212.08 143719.68 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.60 57.90 59.20 55.30 percent [+]
Labor Force Participation Rate 62.70 62.10 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.00 5.50 8.00 2.60 percent [+]
Youth Unemployment Rate 23.50 21.50 43.50 19.40 percent [+]
Labour Costs 109.90 111.50 111.90 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2467.00 2436.00 2467.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.00 102.90 113.70 2.20 points [+]
Wage Growth 0.60 0.60 15.80 0.30 percent [+]
Population 60.36 60.48 60.80 50.03 Million [+]
Retirement Age Women 67.00 67.00 67.00 59.00 [+]
Retirement Age Men 67.00 67.00 67.00 59.00 [+]
Employment Change -0.30 -0.10 1.30 -0.90 percent [+]


Italy Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.